NQ Update

2020年8月17日

POsted a pennant Friday, appears to have broken upwards, expect it to at least retest the top, if not break out this week.

MFI moving up, rotation appears to be over.

2020年8月17日

註釋

In case you're not paying attention, NQ broke out to a new ATH already.

2020年8月18日

註釋

Was expecting a gap up but futures are red, Euro market looks weak. We'll see where we;re at before open...

2020年8月18日

註釋

I guess it is gapping up after all, lol.

NQ MFI overbought while YM MFI is close to oversold.... another whipsaw day? More sector rotation? We'll see.

2020年8月19日

註釋

NQ was overbought, so obviously they had to dump futures. Dollar index up big as well. Bearish for tomorrow, bought some puts in the afternoon.

Probably gonna be just a one day dip because it's Thu tomorrow, and Friday is Ponzi 401k Friday.

2020年8月19日

註釋

Also broke the blue trendline, we could see it drop down to the next line tomorrow.