MFI oversold and RSI double dipped into oversold territory. Might get a bounce, but with CPI numbers coming out Thu, any rally will be short lived.
Cashing an oversold condition or hoping for a quick bounce, neither seems all that appealing to me. Cashed out of my BITO puts for a small gain. Once again, small movement, and the reward doesn't seem wort the risk. Just as well stay cash and watch.
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Nobody's buying the dip with CPI numbers coming out later this week. Re-entered BITO puts, kicks and giggles play.
Not gonna throw a lot of money into chasing an oversold condition, Dangerous play.
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EOD pump, maybe a one or two day pump and dump again. Bailed out of my BITO puts for a small loss, even for the day, lol.
Not going long, Europe is a crap shoot tomorrow. GM did hit the support zone this morning though.