MFI is actually dropping on the daily. Bullish for tomorrow because it's Ponzi Friday, but chose not to go long. I'm just not into chasing the market this close to the top.
Fed meeting next week.
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Be careful about shorting individual stocks next week, don't go too heavy on any one stock because this is the point where analysts start upgrading stocks as they try to maximize their profits before bailing.
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I want everyone to look at TSLA.... Wedbush raised target price this morning, lol.
They are clearly trying to manipulate the stock market! As you can see, we have reached a turning point, they want to achieve a higher price, they will not allow a reduction due to recession fears!
hungry_hippo
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@Trebor74, it's ALWAYS a pump and dump, why do you think my indicators work?
@Trebor74, it's obviously overbought. The question is when and what to short. I chose shitcoin (BITO) puts at open since I already had a few contracts.
Trebor74
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What does that mean? before bailing....
hungry_hippo
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@Trebor74, selling. They upgrade then sell. Analyst upgrades and downgrades should really be illegal, just a pump and dump.
Trebor74
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@hungry_hippo, what is the sign of the gap after closing? are the big boys manipulating the market again?