RTY Update
Updated
MFI no longer oversold, RSI almost overbought. If it gaps up again tomorrow, probably a pump and dump.
Market usually whipsaws when Asia/US/Europe decide to go different directions. Next rally probably won;t happen until Europe goes oversold on the short term indicators. We'll see.
Market usually whipsaws when Asia/US/Europe decide to go different directions. Next rally probably won;t happen until Europe goes oversold on the short term indicators. We'll see.
Comment
Probabkly just more whipsaw tomorrow, don;t see a good overnight trade.Comment
Bullard says 2 more rate hikes this year, nobody seems to care, lol.Market trying to disconnect from reality, not sure I can recommend trading in either direction.
Comment
I think small caps do a pump and dump tomorrow, no idea about ES/NQComment
Probably a bad idea but adding to my BITO puts, bought some PTON puts because we all know that's garbage, lol.Just feel bearish, but you really shouldn;t trade on your own personal sentiment.
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.