MFI went overbought, RSI did not, and both gaps are still there. Fed meeting tomorrow, maybe we get a monster whipsaw that fills both gaps, lol.
Still don't see any fundamental reason for the market to rally aside from filling that gap above and having hit oversold on the daily last week. Now that the 3hr MFI hit overbought, def just staying out
Still don't see any fundamental reason for the market to rally aside from filling that gap above and having hit oversold on the daily last week. Now that the 3hr MFI hit overbought, def just staying out
Nota
The gap filled, lol.Sorry, I wasn't very bullish because PCAR is down on CAT earnings guidance. PCAR always moves with CAT earnings, same sector.
Could be a 4 day short squeeze, then AAPL earnings, lol.
In any case, looks like I need to find a new favorite stock. PCAR and AAPL were my 2 favorite, but I don't see any upside to either for the rest of the year. Might just have to trade SPY when I get bullish.
Nota
AMD down after hours (AH) on guidance, CAT tanked today on guidance, PAYC cratered afterhours, and I have no idea why, lol.QCOm reports AH tomorrow, AAPL on Thu AH.
Futures down, probably because of AMD outlook.
Nota
Oh, and I'm all cash, just watching
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