NQ MFI headed to overbought
Updated
I think this is just a bounce and it heads lower when it gets overbought. Keep an eye on this today. Probably a down day tomorrow since Thursday is usually the weakest day of the week for the market.
If tech goes down, it'll drag on S&P as well.
If tech goes down, it'll drag on S&P as well.
Note
Note: FDAX is really overbought as well, so a chance it can gap down if it gets overbought today.Note
Touching overbought with FDAX also overbought. Market appears to be setting up for a pump and dump tomorrow morning.Note
The plan is to fade the gap if it gaps up tomorrow.Note
Faded the pump on BYND, done for the day. Made a little money this week.
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