If you're going to play the bounce, I would stay away from tech.
NQ MFI hit overbought, RSI still has room for downside.
NQ MFI hit overbought, RSI still has room for downside.
Comment:
If you're playing the bounce, always wait for EUro markets to close. Their daylight saving time ended over the weekend, so there's an hour difference this week.
Looks to me like there's liquidity issues again, I think I'm just going to fade the gap tomorrow, whichever way it gaps. Indicators don;t work well in an all out tank.
Looks to me like there's liquidity issues again, I think I'm just going to fade the gap tomorrow, whichever way it gaps. Indicators don;t work well in an all out tank.
Was right on NQ though, MFI being overbought and all....