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hungry_hippo
Oct 8, 2021 4:18 PM

NQ Update 

CME_MINI:NQ1!180
E-mini Nasdaq-100 FuturesCME

Description

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Futures selling off, you can see it in the MFI. But the market is buying stocks because it's Ponzi Friday.

I don't think the market will do much the rest of the day. Maybe a slow decay today and Monday until MFI gets oversold then we get the next stupid futures pump.

I think we're gonna whipsaw next week too. Earnings season starts next week with financials.
Technical IndicatorsChart PatternsNASDAQ 100 E-MINI FUTURESNASDAQ 100 CFD
Comments
legalCardinal10948
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Sorry new hear but whats a whipsaw? does it mean the futures gonna be down a bit on monday?
hungry_hippo
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@legalCardinal10948, whipsaw means sudden change of direction. Like NQ did on open, lol.
DaddySawbucks
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Yeah look its selling EOD i made a few beer bucks off the dailies...then, bam! shoulda had some putskis, sigh
hungry_hippo
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@DaddySawbucks, look at my indicators....

I kept a few puts
hungry_hippo
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@DaddySawbucks, flipped my puts on open. Made beer money only because I had more OKTA puts than anything else.
DaddySawbucks
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@hungry_hippo, I am so gdmnd tired of being on the wrong side of evry pump and missing evry dump, about ready to bag it
hungry_hippo
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@DaddySawbucks, try 3 hr chart instead of 4.
Trebor74
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Hello. Which direction do you think Whipsaw patterns are? thx. Robert (next week)
hungry_hippo
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@uhljarrobert, down then up, lol.

WHipsaws are hard to predict, just watch the indicators. It;s 3 hr chart with standard settings
Trebor74
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@hungry_hippo, Could there be a third touch on the trend line? why not?!
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