NQ Update

MFI dropping while RSI rising. Usually tells me to buy when MFI goes oversold....

Looks like it'll fill the gap above. We could see a dip here after open because it hit last week's resistance.

Kommentera:

MFI still dropping, I think we see a dip before it goes up for the gap fill. I could be wrong though, lol.

Not buying calls right away will wait until MFI gets oversold.

Kommentera:

LOL, I told you so. Got into some PDD puts because HSI is overbought

Kommentera:

I hink inverted H&S, market will go up when MFI gets oversold. I think maybe the opposite happens tomorrow where it gaps down then goes up

Whipsaw market, be careful. Still think the market goes up for the gap fill though.

Kommentera:

Ignoring the gaps, it's a straight up pump and dump. Not enough buyers to melt the market up so garbage stocks are already red. Look at PTON, etc.

Kommentera:

Note, I bought PDD puts, holding overnight because HSI is overbought.