My red arrow was a bit aggressive, but you get the gist of things.
I think NQ goes oversold on both RSI and MFI then bounces. So down Monday then up Tuesday or some garbage like that. Good news is that the indicators are working which means it's not a melt up.
I think the market whipsaws sideways, not really bearish or bullish at the moment. Gotta watch the indicators when the market goes sideways.
AAPL will eventually tank though, so that's bearish.
I think NQ goes oversold on both RSI and MFI then bounces. So down Monday then up Tuesday or some garbage like that. Good news is that the indicators are working which means it's not a melt up.
I think the market whipsaws sideways, not really bearish or bullish at the moment. Gotta watch the indicators when the market goes sideways.
AAPL will eventually tank though, so that's bearish.
Comment:
Probably a reversal Monday afternoon, definitely Tuesday.
PLanning on flipping my puts Monday
PLanning on flipping my puts Monday
Happy New Year, and catch you guys next week. Still holding a few puts, since I've got some cushion now.