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hungry_hippo
Jul 22, 2022 3:46 PM

NQ Update 

E-mini Nasdaq-100 FuturesCME

Description

Appears the selloff is accelerating, probably hits oversold Monday then a pump on Tuesday.

Whipsaw next week, Fed meeting and earnings

Comment

At this point the melt up looks like it's done. Probably a whipsaw at the top, but wait until MFI is oversold before playing it.

Comment

I expect garbage like PTON, COUP, etc to dump this week's entire short squeeze gain next week. No way anyone holds garbage going into earnings now
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