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hungry_hippo
Jun 9, 2022 2:21 PM

NQ Update 

E-mini Nasdaq-100 FuturesCME

Description

RTY MFI went oversold, NQ and ES indicators are in the middle

US market is holding its own despite an Euro tank, it looks like it wants t stay in my whipsaw zone. The big boys always know more than we do, maybe inflation numbers are gonna come in better than expected tomorrow.

Then again maybe we get more alternating up and down days, lol. Crazy whipsaw market.

I flipped my puts after open (as posted on the PTON post) and bought some PCAR stock for the gap fill. If the market goes green I might hold those overnight. Lots of stocks that normally fill gaps gapped down, so that's bullish, at lest for today.

Still doing quick in and out plays.

Comment

I'm out, market not gaining traction and PTON is at support so I've got no easy plays.

Weird day, looks like no bounce until ES and NQ get oversold

Comment

Indicators neutral and I have no idea WTF this market is doing, lol. I might just wait until after the Fed meeting to trade again.

Inflation numbers reaction tomorrow morning might bring a little more clarity
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