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hungry_hippo

NQ Update

NASDAQ 100 E-mini Futures (CME_MINI:NQ1!)  
hungry_hippo Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Chart Patterns Technical Indicators NASDAQ 100 E-MINI FUTURES QQQ
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chartpattern indicator nq1! qqq
Appears to have gone oversold on RSI and MFI overnight and reversed. Could be a headfake, but I think today is reversal day.
Comment:
Looks like a reversal, opened up some positions on open.

Not sure if we get a week long Xmas rally like last year, don't reccommend shorting anything next week.
Comment:
Got my gap fill on PCAR for easy money, decided to dump everything and wait for EOD to see if I want to re-enter.

Looks like a whipsaw day. No point in watching it.
Comment:
NQ hit last night's support and AAPL also hit support (see plot), but the market didn't reverse for the Santa rally until Monday

Also, the one thing I'm not going long on is GM, crap tanked last time it lost support, lol.
Comment:
Looks like no reversal until Monday. Probably the same as yesterday with an EOD short covering kick.

I'll just go all cash until Monday and play the gap again
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