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Strange day with the market mixed, some stocks down, others up. World markets the same way last night, Asia up Europe down, Brazil ( EWZ ) eating crap.
MFI getting close to overbought, but something tells me we're melting up anyways, so I threw an overlay of what I think is going to happen.
There's a chance of a dump, but I really think it wants the gap fill first, but NQ looks weak, I guess I need to plot that as well...
MFI getting close to overbought, but something tells me we're melting up anyways, so I threw an overlay of what I think is going to happen.
There's a chance of a dump, but I really think it wants the gap fill first, but NQ looks weak, I guess I need to plot that as well...
Comment:
Obviously wants to fill the gap and I also wanted to mention that the dollar looks weak again.
Can't make any money with options if the market doesn't move. There's always earnings plays if you get bored and like to gamble.