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hungry_hippo
Jun 24, 2021 6:23 PM

NQ Update 

E-mini Nasdaq-100 FuturesCME

Description

RSI was overbought so sold off a bit. That money went into dividend stocks and the Dow. You can see YM and NQ went opposite directions mid-day.

Money is not flowing out of teh market, it's just rotating. Anyone's guess as to the rotation tomorrow.

If retail breaks out, there will be huge opportunities to short at/before earnings.
Comments
MAZing
I agree, just not feeling or seeing real strength in intraday action with recent rise. We had 1 big day and that was a curve ball.
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