MFI is almost oversold but RSI isn't. There's a chance that it drops further, trying to fade the gap today would be risky....
I'd wait until Monday to go long to avoid the weekend heartburn, but that's just me. I don't see NDX going green today.
I'd wait until Monday to go long to avoid the weekend heartburn, but that's just me. I don't see NDX going green today.
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MFI now overosld
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Sorry for the delay, lol. Flipped all my puts on open because MFI went oversold. SNAP and AMAT move so fast I can't sit here and post while trading, lol.
All cash.
All cash.
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MFI no longer oversold and looks to be headed that way. Appears to have been a gap fill, heading back down
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Maintaining bearishness until RSI goes oversold. Probably Monday or Tuesday. Probably gaps up Monday though.
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Indicators now neutral, no idea which way it goes here. I guess wait until oversold to go long or wait until overbgouht to short.
Holiday week next week
Holiday week next week
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So you guys know, I'm very bearish on AAPL, they missed earnings yet the market sent it parabolic. It needs to head down o $140 by end of Jan or it;s gonna tank on earnings
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Appears to be forming a pennant and indicators are in the middle. 50/50 bet on Monday....
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No idea which way it gaps
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EOD whipsaw from options expiration. Today is quad witching....
Do not use EOD action as an indication of Monday gap. Indicators are neutral.
Do not use EOD action as an indication of Monday gap. Indicators are neutral.
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Huge buy volume on futures and MFI going up so I would assume gap up Monday.
Short when overbought, lol. Probably Tues/Wed.
Short when overbought, lol. Probably Tues/Wed.
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Futures red, looks like I was right to be bearish. Don;t go long until RSI gets oversold.
Even then we may be only looking at one or two day bounce.
Even then we may be only looking at one or two day bounce.