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hungry_hippo

NQ Update

NASDAQ 100 E-mini Futures (CME_MINI:NQ1!)  
hungry_hippo Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Chart Patterns Technical Indicators NASDAQ 100 E-MINI FUTURES QQQ NASDAQ 100 CFD
16
12
chartpattern indicator nq1! qqq ndx
MFI hit overbought premarket, this could be the next leg down. Regardless, I wouldn't go long until MFI gets oversold again.
Comment:
Euro inflation Thu and employment numbers Friday.

Really no reason to be bullish this week,
Comment:
If that's a bear flag, then that's a long ways down....
Comment:
Premium burn is terrible on BITO options, decided to close out my $12.5 puts here, still holding 100 contracts of $12 puts. Just gonna let that $2,5k ride for the week, see if BTC crashes, lol.
Comment:
Shifted into next week's puts, sucks to pay the extra premium but I'm not sure the big tank happens until this weekend.
Comment:
Guess my assessment at market open was right, lol.
Comment:
I don't recommend going long until next week, since I'm not sure what happens with Euro inflation numbers Thu and employment numbers Friday
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