ES Update

4 thg 3, 2021

Gut feel and overlays aside, ES MFI and RSI are rising, the question is how far does it go before the next collapse?

4 thg 3, 2021

Bình luận

Bind yields just exploded up.... maybe another failed auction?

4 thg 3, 2021

Bình luận

ES bounced off my bottom trendline, but NQ overlay suggests a double bottom tomorrow while AAPL chart predicts a possible lower low.

So anyone's guess as to how foreign markets react. No prediction for gap direction tomorrow. With yields rising I maintain a bearish outlook until 10Y hits 2%

4 thg 3, 2021

Bình luận

Apparently bonds tanked because they didn't like what Powell had to say, lol.

Won't matter what futures do overnight or gap direction, if bond yields don't go down before open tomorrow, market is headed red.

5 thg 3, 2021

Bình luận

Apparently everyone who bought futures on the dip is bailing out AH. NQ is almost at today's low.