Still room to go up but MFI is rising fast. I think it'll be overbought by the time the market opens Tuesday
No idea which way it gaps either because the rest of the world trades Monday, and that's the danger of 3 day weekends. I will say that the market is usually bullish on short holiday weeks.
Carrying a small hedged position over the weekend, BTC puts (BITO), and EWZ calls. Kinda weird positions, but I had to hedge my BITO puts with something.
No idea which way it gaps either because the rest of the world trades Monday, and that's the danger of 3 day weekends. I will say that the market is usually bullish on short holiday weeks.
Carrying a small hedged position over the weekend, BTC puts (BITO), and EWZ calls. Kinda weird positions, but I had to hedge my BITO puts with something.
Comment:
There's bound to be a short covering move up EOD, don;t let that fool you into thinking the market moves up next week. Plus Monday is a holiday anyways/.