CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
MFI still overbought on ES and NQ, NQ MFI has stayed overbought for the longest time in over a year. Indication of a melt up.

The problem with a melt up is that you never know when it's gonna end. We'll find out Wed if 75 in July is really priced in or not. Remember what happened last month.
Comment:
I'm probably taking a break from posting index futures because this is an obvious melt up if MFI is hung up this long. Just because it's a melt up doesn't mean you can buy calls and make money.... today being a prime example.

WIll resume posting when MFI cycles down
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