RSI and MFI hit overbought, gonna be a dip tomorrow (or tank) regardless of the fed budget news.
Comment:
I still think double bottom Monday if a budget deal gets done.
If the market goes up tomorrow without a deal in place, I'm gonna go lightly into puts for next week. Any options play tomorrow will more than likely be a double or nothing bet.
No long positions until next week. (I said that earlier this week and played PCAR yesterday, lol) All cash for tonight.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
If the market goes up tomorrow without a deal in place, I'm gonna go lightly into puts for next week. Any options play tomorrow will more than likely be a double or nothing bet.
No long positions until next week. (I said that earlier this week and played PCAR yesterday, lol) All cash for tonight.