NQ Update

RSI hit overbought, looks like it pulled back.

ECB and Fed speakers tomorrow. Not sure what the pump is all about this morning since I'm not trading, but I might take a stab at some put options overnight.

I don't have much faith in the central banks actually doing their jobs correctly, so going light. Either way, I wouldn;t hold any long positions tonight.

Comment:

ECB members talking about more rate hikes, I expect the Fed to say the same. Central banks floated around too much money, and now they have to force people to stay on the sidelines instead of pumping the market because commodity prices go up with the market. Expecting a gap down tomorrow.

www.investing.com/ne...g-rate-hikes-2982998