ES MFI hit oversold
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ES MFI hit oversold, normally that's bullish....
Not really sure though, and I'm not feeling very bullish, so probably staying out. Keep in mind MFI can go oversold for a while.
Bond yields are down so NQ is up, but I'm still expecting a whipsaw week. Might be easier to short and overbought condition or look for an obvious pattern latter in the week.
Busy with other stuff, I might take the week off, we'll see.
Not really sure though, and I'm not feeling very bullish, so probably staying out. Keep in mind MFI can go oversold for a while.
Bond yields are down so NQ is up, but I'm still expecting a whipsaw week. Might be easier to short and overbought condition or look for an obvious pattern latter in the week.
Busy with other stuff, I might take the week off, we'll see.
Bình luận
I guess the reason why I'm not feeling bullish is because the chart pattern looks like a bear flag, and RSI did not go oversold yet.Bình luận
No wonder why I wasn't feeling bullish, sector rotation. Small caps down, tech up.My radar is 50/50 red and green, lol.
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