Odd, MFI actually went up last night as the Euros actually tried to pump it. If it sells off today then that means more room down, however, I want to point out that NQ has already hit my downward target (red arrow)
Not sure if the afternoon winds up being a short cover rally or a tank, cashing out puts in the morning and walking away.
50/50 on afternoon direction, No idea.
Not sure if the afternoon winds up being a short cover rally or a tank, cashing out puts in the morning and walking away.
50/50 on afternoon direction, No idea.
Comment:
SEE MY UPDATE NQ PLOT!
Rally until Fed meeting
Rally until Fed meeting
Comment:
Was obviously wrong, it's tracking my overlay.
Probably does one of those stupid moves Monday where it gaps down but goes up, then whipsaws all week.
Probably does one of those stupid moves Monday where it gaps down but goes up, then whipsaws all week.
Looking like it was sell the rumor buy the news event on NFLX crap guidance. Not to mention today is monthly options expiration and way more puts are in the money now, MM have to pump the market to limit their losses.