NQ Update 10/15

MFI looks like it's scrolling up but RSI still has room to drop....

Remember yesterday when I said wait until EOD today to decide to go long.....

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I'm not convinced by this gap fill rally, I think NQ RSI needs to go oversold.

Also, massive selloff in EUrope due to COVID shutdown, we could see another gap down tomorrow now that the oversold condition is gone.

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Forming an intraday pennant.....

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There's the pennant, now we see which way it breaks

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MFI is moving up fast but RSI isn;t, when MFI gets overbought I think we get another leg down

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Indicators say up tomorrow, but I'm not feeling very bullish.....

ISRG and BMI puts for earnings. That's all I got.

Past week really tests your ability to pick stocks, some are green some are red, all over the place.

Kommentera:

ISRG looks like a winner, we'll see about BMI.

Not even sure why I'm looking at futures when all I got are 2 earnings plays. Anyways, futures up but not real strong. Will update premarket tomorrow.