ES almost overbought again
已更新
ES goes overbought, its gonna sell off again.
In other words, up then down, more whipsaw lol. WHIPSAW!
THe problem is that world markets aren't aligned, FDAX is lose to oversold, ES is close to overbought, between the two they're whipsawing the world market. Also, Asia and Europe have gone indifferent directions almost every day.
Tough market to trade. Don;t try to follow momentum because there isn;t any.
In other words, up then down, more whipsaw lol. WHIPSAW!
THe problem is that world markets aren't aligned, FDAX is lose to oversold, ES is close to overbought, between the two they're whipsawing the world market. Also, Asia and Europe have gone indifferent directions almost every day.
Tough market to trade. Don;t try to follow momentum because there isn;t any.
評論
No longer overbought because of the last dip.No idea where this is going midday. Will look at it again in the afternoon.
評論
No indication for direction tomorrow.評論
All indicators in the middle, could be a flat open評論
FUtures flat so far. It all depends on the Euros now.
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