Probably goes overbought and reverses again. Not sure what happens after that, a melt up, more whipsaw, or tank. Will take a few stabs at some puts when it goes overbought.
Really strange market, lol.
Really strange market, lol.
Comment:
None of the other markets did crap last night, probably the same for the US today
Comment:
MFI went down but futures were flat last night, that's usually an inidicator of a melt up. Too early to be certain, but we could wind up retesting the high
Comment:
LOL, another perfect green arrow, we'll see about the red one
Comment:
RSI not overbought yet. Looks like I drew the green arrow too short.
Comment:
Appl looks like it reversed though
Comment:
European markets just closed, looks like the indices want to make a final push to my target but a lot of stocks have already rolled over including AAPL
Comment:
I'm bearish for tomorrow, if they try to dump futures on a holiday, we'll get a repeat of Thanksgiving Friday. They should dump this afternoon....
We'll see.
Holidays are supposed to be light trading days, but it hasn;t been this year
We'll see.
Holidays are supposed to be light trading days, but it hasn;t been this year
Comment:
Pretty obvious futures dump there couple of minutes ago.
Like I said, who's gonna buy if they dump futures tomorrow on a holiday?
Like I said, who's gonna buy if they dump futures tomorrow on a holiday?
Comment:
Wow, more pumping. We'll see if my red arrow is right or if it melts up