Looks to me like it wants to go overbought again. I told you guys yesterday it was oversold.
Small caps probably rally tomorrow since it's Ponzi Friday, ES and NQ direction will depend on AAPL and AMZN earnings, but I'm stating teh obvious.
Small caps probably rally tomorrow since it's Ponzi Friday, ES and NQ direction will depend on AAPL and AMZN earnings, but I'm stating teh obvious.
Note
AMZN missed bigly. Poor guidance to boot.Note
AAPL missed on sales.Note
AAPL and AMZN missed so bad it killed teh futures pump. RTY is only down very slightly though.Remember there is no requirement that it needs to go overbought before a selloff.
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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.