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hungry_hippo
Apr 18, 2024 1:22 PM

NQ Update 

E-mini Nasdaq-100 FuturesCME

Description

Not sure if it matters but NQ MFI went oversold. Probably just gonna close my puts on open for a small gain and stay cash.

Not going long until daily indicators go oversold on ES1!

Trade closed manually

Things opened pretty flat, flipped teh puts from yesterday morning.

Comment

Probably a whipsaw day, it's not like anyone is gonna carry a new long position over the weekend.

Might buy some puts EOD, but I don't think it'll be worth trdaing during the day today

Comment

Went further oversold and flatlined, lol. Note that MFI is a poor indicator for gap direction the next day.

I guess everyone is wary because of what happened last week.

My favorite stock PCAR went red already as did AAPL

Comment

Well, I was right, a whipsaw day. Turned out to be another ailed pump attempt, nobody's chasing a gap up anymore.

Well see if they try it again this afternoon, lol. RSI hit oversold, maybe I should plot that
Comments
jordandotdev
ding'd the .236 fib retrace from Oct low to the point
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