NQ Update mid afternoon 7/14
Updated
For the people wondering why we bounced, NQ MFI went oversold this morning.... so it had to bounce.
In any case, huge buy volume indicates another pump and dump coming.... not sure if we get another leg down first, but it will happen because the computerz never lose money
In any case, huge buy volume indicates another pump and dump coming.... not sure if we get another leg down first, but it will happen because the computerz never lose money
Note
Pump and dump, lol.Note
I still don't know if there's a second leg down, but I will say that the market rarely reverses on a single peak, it usually double tops and rolls over.Predicting another whipsaw day tomorrow, lol (as if that's going on a limb).
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.