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I think MFI goes overbought then tanks Monday
Not playing the bunce because elections and all. Staying cash over the weekend. Really thought they were gonna gap it up today the tank it, oh well. Wound up even for the week.
The market hasn't been dropping 2 days in a row, so no point in chasing the drop.... though the last 2 Mondays were gaps down.
Not playing the bunce because elections and all. Staying cash over the weekend. Really thought they were gonna gap it up today the tank it, oh well. Wound up even for the week.
The market hasn't been dropping 2 days in a row, so no point in chasing the drop.... though the last 2 Mondays were gaps down.
Comentário
LOL, and up we goComentário
I actually shorted the pump with COUP. MFI was dropping on futures.Market always bottoms out at 10:30 - 11am PST, when Euro markets close.
Not sure if the market bounces or continues down since the Asians won;t be trading on Friday.
Also, I assume people are dumping their 401k, so I don;t expect the usual Friday pop
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EOD pop probably because of the EUros.ES daily MFI lowest ever. Appears between the elction and COVID that the big boys have turned the algos off, causing a lot of whipsaws today.
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