CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Looks to me like MFI wants to go oversold now.

I closed my long position on the gap fill as well as my TLT puts, and still have BITO puts. Not opening any new positions because I get an anal probe Monday, lol.

Bearish for the rest of the day and Monday. GL.
Comment:
OK, I lied. I had to buy some W puts after it turned around. PoS.... and PDD, lol.

But that's it, I swear. Some garbage still look squeezy so watch out for that, like PTON...
Comment:
Dumped the W puts, retail going green again. Shitcoin and PDD puts for the weekend I guess.
Comment:
Whipsaw day, high employment is good, higher yield is bad, lol.
Comment:
CPI Aug 10th (Wed) premarket. That's the next big news.
Comment:
Remember EOD action does not dictate gap direction, especially over a weekend.

Looks like an EOD margin call for shorts though. Garbage stocks still moving up
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.