FDAX RSI almost overbought. Could see a reversal as soon as Monday.
So gap direction for Monday is a big question mark. If the market goes up Monday I might short something.
So gap direction for Monday is a big question mark. If the market goes up Monday I might short something.
Note
It looks like the algos are setting up for a pump and dump, but as quickly as FDAX moved last night it could hit overbought and roll over before the US market opens.Not betting on the Monday gap. All cash except a small position in TUR puts.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.