RTY MFI Overbought
RTY MFI is overbought as is YM, but all other indices including ES, NQ, FDAX, and GC1! (gold) are all neutral. Not getting the pre-CPI pump I expected so far.
Might just sit this week out, not feeling all that well. Don't need the heartburn, lol.
Might just sit this week out, not feeling all that well. Don't need the heartburn, lol.
Comment:
Retail numbers Friday.... expected number is -0.4% m/m
Retail tends to track small caps and vice versa
Retail tends to track small caps and vice versa
PPI and unemployment claims Thu, remember that's what tanked small caps, especially industrials last week.