Double bounce off the oversold condition, I'm guessing everything breaks out tomorrow.
The only issue is that ES MFI is overbought but it looks like a melt up. Will wait until futures get overbought then short. Probably Thu aft or Friday.
The only issue is that ES MFI is overbought but it looks like a melt up. Will wait until futures get overbought then short. Probably Thu aft or Friday.
Comment:
I dunno, looks really weak like it wants to go down. SaaS sector looks like it's gonna break down.