So Nas futures never closed that open gap, hard for me to get bullish until it does. Not sure what's going to force the market down, but we've got earnings and Fed meeting coming up.
Things seem to be pointing for another small gap up tomorrow and a possible reversal. Mostly cash right now.
Note: NQ1 is overbought, I don't see a divergence though.
Things seem to be pointing for another small gap up tomorrow and a possible reversal. Mostly cash right now.
Note: NQ1 is overbought, I don't see a divergence though.
Comment:
Just a reminder that this gap in futures still needs to be filled. At this rate, it loosk like it'll hit my target next week.
Lots of green still on the board though, be careful what you short. I'm staying out I think, but leaning bearish. 2 earnings plays for next week, and that's it.