Sorry, slept in and missed all the fun.
Appears the algos are indeed doing the pump and dump regardless of intraday action. Why pump the market during the day when it's so much easier to do premarket on low volume? (Kinda reminds me of those meme stocks, lol)
Not gonna short anything until it gets overbought on RSI which should happen tomorrow on Ponzi Friday. Just keep in mind that there isn't any rule that says it has to get overbought on RSI, so not going long.
Basically I have no idea which way it gaps tomorrow, foreign markets didn't do much last night, this was mostly a premarket pump. I would assume pump and dump since it's Ponzi Friday tomorrow, but not confident enough to bet on it.
Appears the algos are indeed doing the pump and dump regardless of intraday action. Why pump the market during the day when it's so much easier to do premarket on low volume? (Kinda reminds me of those meme stocks, lol)
Not gonna short anything until it gets overbought on RSI which should happen tomorrow on Ponzi Friday. Just keep in mind that there isn't any rule that says it has to get overbought on RSI, so not going long.
Basically I have no idea which way it gaps tomorrow, foreign markets didn't do much last night, this was mostly a premarket pump. I would assume pump and dump since it's Ponzi Friday tomorrow, but not confident enough to bet on it.
Comment:
Gawd, you gotta love this market, they just dumped he entire premarket pump. Hialrious
Comment:
Looking around, the only "news" I see is possible Iran attack on Israel this weekend. Oil and gold went up as the market tanked.
Looks to me like the market is headed down until Monday, what happens Monday depends on Iran I guess.
Looks to me like the market is headed down until Monday, what happens Monday depends on Iran I guess.
Comment:
If Iran starts a war, don't bother with indicators.
Probably just gonna take a break.