hungry_hippo

NQ Bounced from oversold

CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
NQ bounced off of the channel line, I said it would pre-market because it always does. Gotta admit I had my doubts mid-day since the rally was really late today.

Algos still doing pump and dumps, the volume shows they have not quit yet. I guess they're gonna keep NQ in the channel by pumping the living crap out of TSLA, AAPL, and chip stocks, lol. Plus all my favorite garbage stocks reversed as well.

Held a few calls over the weekend, and I rarely do that especially over a long weekend.

Comment:
Needs to break above the blue line for a rally
Comment:
BTW, for people who keep asking for mid-day updates, if you want me to post more than 10x per day you'll have to fund my membership, lol. I'm not paying for this site, I use a different pay site.
Comment:
Didn't post this morning because I used my 10 posts, but you can see why I flagged a reversal... both MFI and RSI went oversold.
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