MFI heading down but RSI isn't moving much. That's an indication of a melt up. Closed my AAPL puts right after open, I was hoping for a gap down and didn't get it.
Anyways, just a dip today, and small caps made a much bigger dip. Will go long when MFI hits oversold, probably Monday
Anyways, just a dip today, and small caps made a much bigger dip. Will go long when MFI hits oversold, probably Monday
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Probably more of the same Monday, small caps look weak, tech isn't dropping at all and SPX pretty much flat.
Indicators aren't working because the Fed keeps pumping the market. Just pay attention to news events though
Indicators aren't working because the Fed keeps pumping the market. Just pay attention to news events though
Since I expect a melt up, I am only going to post when MFI goes oversold. Gonna look at various stocks over the weekend and figure out what to buy. Stayiing cash over the weekend.