Looks like this is headed to overbought, there might be an opportunity to fade the gap if it does. Will update premarket....
Note: Asians pumped and dumped already, so that jacked MFI up, if the Euros pump it goes overbought.
Note: Asians pumped and dumped already, so that jacked MFI up, if the Euros pump it goes overbought.
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Algos appear to be only interested in pumping NQ, the other indices haven;t done jack tonight
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MFI went way overbought
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So MFI went overbought and it's set to gap down.... question is if it's a reversal or one of those headfake melt ups....
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Looking like whipsaw day like Friday, flipped some NKE and NKLA puts first half hour, done for the day.