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hungry_hippo
Jul 26, 2022 1:46 PM

NQ Update 

E-mini Nasdaq-100 FuturesCME

Description

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

Comment

Looks like RSI is gonna hit oversold..... too late to sort and too early to buy I think.

Shoulda shorted retail this week considering I'm bearish on the sector, oh well.

Comment

MSFT, GOOGL, and TXN earning after market close tonight, that could be what causes NQ to go oversold on RSI.
Comments
Tiger_Style
Just wanted to say thank you for these updates, I really appreciate your analyses.
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