ES almost overbought again
Diupdate
ES goes overbought, its gonna sell off again.
In other words, up then down, more whipsaw lol. WHIPSAW!
THe problem is that world markets aren't aligned, FDAX is lose to oversold, ES is close to overbought, between the two they're whipsawing the world market. Also, Asia and Europe have gone indifferent directions almost every day.
Tough market to trade. Don;t try to follow momentum because there isn;t any.
In other words, up then down, more whipsaw lol. WHIPSAW!
THe problem is that world markets aren't aligned, FDAX is lose to oversold, ES is close to overbought, between the two they're whipsawing the world market. Also, Asia and Europe have gone indifferent directions almost every day.
Tough market to trade. Don;t try to follow momentum because there isn;t any.
Komentar
No longer overbought because of the last dip.No idea where this is going midday. Will look at it again in the afternoon.
Komentar
No indication for direction tomorrow.Komentar
All indicators in the middle, could be a flat openKomentar
FUtures flat so far. It all depends on the Euros now.
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