Got very close to oversold on MFI and bounced this morning.
If it hits the magenta upper line, might be worth some puts for Powell's speech Thu morning. Thought about doing something stupid like buying FB calls for overnight, but decided against it because premiums are still high.
I bought puts yesterday morning when it was green. refused to go red... same thing again today, added more before close. everything seems to be pointing to downside on Thursday. Hoping it goes my way. great charts
hungry_hippo
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@carrmatt02, I am bearish for next week, I hope you recover your losses.