ES MFI almost oversold

12 thg 11, 2020

Really odd, ES MFI almost oversold while NQ is overbought.

Staying out until we get a consistent indicator, haven;t been trading much lately, just taking pot shots.

13 thg 11, 2020

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Well, it went oversold, so did RTY and everything bounced despite FDAX MFI dropping in the morning.

Bailed out of my EWZ puts on open, got lucky it opened flat due to currency, iBov was actually up. Made some beer money on that trade, but a win is a win.

Appears to be another vaccine pump, COVID stocks like ZM and PTON all hit gap resistance and went down.