Overbought on MFI and RSI and hitting my resistance line, but it's all about reaction to CPI data tomorrow.
Not sure which way it goes, market is way more pumptarded than I expected. I guess the Euros love rate hikes.
Not sure which way it goes, market is way more pumptarded than I expected. I guess the Euros love rate hikes.
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REally odd, yields rising indicates CPI numbers aren't gonna be that good yet the market keeps melting up with money flowing in despite RSI and MFI being overbought.
Appears they are gonna run the pump algo despite rising yields.
Appears they are gonna run the pump algo despite rising yields.
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Market still looks squeezy, even if we get a red day I think it'll be a bear trap
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Too many garbage stocks well into green territory
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Looks to me like they want to squeeze the market on bad news like they did last week on ECB rate hike. Tread carefully.
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Nothing good will ever come out of the market pumping bad news. Probably not gonna trade much until MFI gets oversold or the gap above fills.
No point in posting overbought charts every day
No point in posting overbought charts every day
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You pretty much know it's a short squeeze when you see PTON go up, nobody is buying that crap except shorts covering
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All about CPI numbers like i said
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I said yesterday "slight climb over last month but lower than July. " REally odd because that's what everyone was predicting yet the market tanks, lol.
I guess people got conufsed by the EUro pump and though t the numbers were gonna be better? Who knows.
I guess people got conufsed by the EUro pump and though t the numbers were gonna be better? Who knows.
Just a beer money trade for me unless the market tanks EOD. The big players already know the numbers.
My research says a slight climb over last month but lower than July. I guess they're gonna try to do the premarket pump tomorrow, lol.
If the market holds gains tomorrow instead of doing a dump then we're looking at a gap fill above eventually