NQ Update

Looks to me like NQ and ES are doing a melt up, but both need one more dip so that MFI gets oversold then the market heads up.

Not sure if that happens this afternoon or tomorrow morning. If you;re shorting garbage stocks, you should've flipped those puts at 8am PST. Seems to be teh daily bottom lately

評論:

Obviously I didn't see the afternoon tank coming, obviously not a melt up.

I think the market is gonna whipsaw downwards with lower lows and lower highs, like what NVDA is doing already. I don;t think it will be a straight tank.

I am gonna pay better attention to all indices, got too bullish because RTY MFI went oversold. ES and NQ RSI and MFI need to get oversold before the next real bounce.

評論:

Both MFI and RSI oversold now