CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
RSI almost oversold but MFI is now almost overbought....

Strange pattern, not sure what to make of it, but it'll sell off again if MFI hits overbought so watch out. Bulls probably should wait until tomorrow I think.
Comment:
I had this boss that nicknamed me "Easy Money" once. Yup, that's me, I took the easy money and flipped all of my puts. Looks like it's gonna whipsaw today.
Comment:
Looking kinda bullish, but IDK. Glad I took the easy money.
Comment:
I have no intention of going long until MFI AND RSI are oversold, and right now MFI is dangerously close to overbought. I don't recommend going long today, though my prediction is gap up and drop tomorrow because that's the usual pump and dump algo.
Comment:
The only reason why I'm predicting a gap up is because the market rarely gaps down big 2 days in a row. I could totally be wrong though, lol
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.