The algos are pumping money into RTY trying to hold that blue line. You can see MFI climbing.
Problem is MFI will go overbought Monday so we'll see a drop Tuesday, if not Monday afternoon. Plus Euro markets tanked so we might even see a gap down Monday. Seems to me garbage stocks are done tanking so there's really no choice but to go long here.
Crappy whipsaw market to trade.
Problem is MFI will go overbought Monday so we'll see a drop Tuesday, if not Monday afternoon. Plus Euro markets tanked so we might even see a gap down Monday. Seems to me garbage stocks are done tanking so there's really no choice but to go long here.
Crappy whipsaw market to trade.
Catatan
We are really due for a 3 or 4 day short squeeze pump, we'll see what happens this afternoonCatatan
One thing about the algos, they never lose money, so I'm assuming they're going to run a short squeeze, just a matter of time. I guess I'm hoping next week, lol.
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