Overbought on MFI and RSI on my short term chart, NQ and ES RSI are just barely touching overbought so gonna wait until tomorrow to short.
Slept in because I missed the long boat yesterday, lol. No positions. At this point it's a bit late to chase the pump.
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My guess is dip tomorrow and another pump Thu. If they pump tomorrow I'm shorting EOD.
Doubt the market can melt up with CPI numbers coming out next week.
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Also, it's already overbought so it can dump as soon as this afternoon. If you're long, lock in some profits
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I'm bearish on Chinese ADRs because their market was closed last night and they're all up big. Doubt that the Chinese market will hold such a big gap up
@tintin300, no idea, I think there's at least one more day to this squeeze and I'm not sure if it's tomorrow or Thu, or how far it will go. MMissed the boat so I'm just watching
Eric_From_PA
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You have to get up with chickens to trade living on the west coast. lol. Probably what I'll do. Wait until tomorrow and short.
hungry_hippo
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@Eric_From_PA, yeah, that's why I carry a small position sometimes even when I'm not sure which way the market will go..... just to force myself to wake up