ES and NQ MFI Overbought

By hungry_hippo
Updated
Both ES and NQ MFI went overbought, that is a a sell signal, but I already told you guys not to hold long positions overnight yesterday...

NQ chart is almost identical, so not posting it.
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Just plotted NQ, bounced off a support line. Looks like a whipsaw day.

Could melt up but tomorrow is Thursday, the weakest day of teh week. Probably just staying out at this point
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SPX just dropped out of an ascending wedgie. Probably a whipsaw day.
Chart PatternsESTechnical IndicatorsNQQQQSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY)

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