RTY Update
Diupdate
MFI hit oversold. NQ RSI is almost overbought on this huge pump. Remember ES is in the whipsaw zone again.
I'm probably not trading today or tomorrow. Reducing the number of trades I make since the market is going sideways, and I'm not really making much money.... I'll put up a post, but it's still tracking that big blue arrow, lol.
Since I'm expecting sideways whipsaw, no daily update unless indicators hit oversold or overbought.
I'm probably not trading today or tomorrow. Reducing the number of trades I make since the market is going sideways, and I'm not really making much money.... I'll put up a post, but it's still tracking that big blue arrow, lol.
Since I'm expecting sideways whipsaw, no daily update unless indicators hit oversold or overbought.
Catatan
Looks to me like RSI needs to hit oversold before a bounceCatatan
PCE numbers tomorrow before open, estimate is only 0.3%, good chance it comes in higher. I'd be more inclined to short gold and not the market if you think it's gonna come in highCatatan
COST earnings tonight will impact retail....Catatan
Small caps have a tendency to go very overbought or very oversold, I'm actually bearish for tomorrow CPE
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