ES and RT MFI are overbought. NQ dropped below the line.
I dunno, seems like the algos aren't in control, people just buying stupid shit like Bitcoin and gold is breaking out as well. Should've stuck with the AAPL/NVDA rotation trade, lol. That would have paid really well.
Decided to close out my EWJ puts, and take the next couple of days off. Not gonna chase anything at this point, long or short. Might throw a small bet on ECB meeting Thu remarket.
I'm not gonna bet against my indicators, they show at least a dip tomorrow, but there's so much dip buying I have no idea what to short. Maybe TSLA? Who knows.
I dunno, seems like the algos aren't in control, people just buying stupid shit like Bitcoin and gold is breaking out as well. Should've stuck with the AAPL/NVDA rotation trade, lol. That would have paid really well.
Decided to close out my EWJ puts, and take the next couple of days off. Not gonna chase anything at this point, long or short. Might throw a small bet on ECB meeting Thu remarket.
I'm not gonna bet against my indicators, they show at least a dip tomorrow, but there's so much dip buying I have no idea what to short. Maybe TSLA? Who knows.
Comment:
Tough market to trade for bears, any time something goes down, something else goes up. Doesn't look like anyone wants to stay in cash, everyone's chasing something, lol.
Comment:
NVDA looks like it just reversed.