ES and NQ MFI Overbought

2 thg 12, 2020Both ES and NQ MFI went overbought, that is a a sell signal, but I already told you guys not to hold long positions overnight yesterday...

NQ chart is almost identical, so not posting it.

2 thg 12, 2020

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Just plotted NQ, bounced off a support line. Looks like a whipsaw day.

Could melt up but tomorrow is Thursday, the weakest day of teh week. Probably just staying out at this point

2 thg 12, 2020

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SPX just dropped out of an ascending wedgie. Probably a whipsaw day.