MFI hit overbought as predicted yesterday, NQ is testing the upper channel line.
With MFI overbought, I doubt it breaks upwards. Probably retests the purple line so more whipsaw coming. that's my prediction at least.
With MFI overbought, I doubt it breaks upwards. Probably retests the purple line so more whipsaw coming. that's my prediction at least.
Comment:
I'm not inclined to chase this pump, probably will just wait until Friday or next week to short something again, lol.