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DaddySawbucks
Dec 10, 2021 3:09 AM

Small Caps Oversold, Again Long

US Small Cap 2000 IndexTVC

Description

They got a beating 12/09, Tues gap filled EOD, RSI near oversold, expect turn higher soon, watch the indicators!

Comment

Gapping up fgs!

Comment

This gap closed but SPY and QQQ remain above last session close. Sometimes that's all you get. Traded a bit into the red.

Trade active

Flipped calls on the lift after gapfill, not a very convincing lift IMO

Comment

Hmmk after the gapfill it moves towards oversold again. This has been a leading indicator, starts to feel like another damned bear rally.

Comment

Sold again but closed off LOTD and firmed up AH quite a bit. Might be a broader market buy forming, if bulls can defend this price level through FOMC
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