Kinda taking it easy this week, sorry about the slow update
MFI hit oversold again but RSI has not. There's a possibility RSI goes oversold on the Fed whipsaw tomorrow before heading up or maybe it does it early in the morning tomorrow.
In any case, highlighted similar areas, expecting a whipsaw day tomorrow.
Should have bought W puts yesterday, at this point I feel like I;d be chasing the market
MFI hit oversold again but RSI has not. There's a possibility RSI goes oversold on the Fed whipsaw tomorrow before heading up or maybe it does it early in the morning tomorrow.
In any case, highlighted similar areas, expecting a whipsaw day tomorrow.
Should have bought W puts yesterday, at this point I feel like I;d be chasing the market
Comment:
MSFT, GOOGL, and TXN earning after market close tonight, that could be what causes NQ to go oversold on RSI.
Shoulda shorted retail this week considering I'm bearish on the sector, oh well.