US index futures MFI went oversold, but last time it stayed oversold for a while. Meanwhile, FDAX MFI hit overbought last night. Things get harder to predict when EUro and US markets aren't aligned....
Hard to predict the action for this week.
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A little late on this call but looks to me like the Friday sell was a bull flag, market looks to be buying into the oversold MFI condition.
Looks to me like it's headed up, but prediction is still a whipsaw week, though trending up.
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I don't see a good day trade op today, gonna go play with one of my cars, good luck.
Not sure I want to hold calls overnight with FDAX looking bearish (MFI touched overbought). All cash.