MFI is precariously close to overbought even though the market is not gaining traction. When the algos hit the sell button after this next pump then we could see a big drop.
Like I said, no long positions until next week. No FOMO trades for me. These whipsaws are too hard to trade
Like I said, no long positions until next week. No FOMO trades for me. These whipsaws are too hard to trade
Comment:
NQ MFI is also almost overbought