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NQ MFI almost oversold
NASDAQ 100 E-mini Futures
NQ MFI almost oversold
By hungry_hippo
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Updated
May 18, 2021
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May 18, 2021
NQ MFI almost oversold, but no long positions until tomorrow because I think both Asia and Europe go down overnight.
Let the market whipsaw today, buy the morning dip tomorrow is my guess.
May 18, 2021
Comment
My read says whipsaw....
Mid day melt up, Asians sell EOD, gap down tomorrow then up. Just gonna sit this out.
May 18, 2021
Comment
MFI oversold on 3 hr again, but the algos know tomorrow is a gap down so expect a whipsaw finsish....
EOD selloff came a bit sooner than I expected, there was money to be made there even for a day trade.
May 18, 2021
Comment
Might even buy some TSLA puts if it finsihes red. The knife catchers are bound to panic if the market gaps down tomorrow.
May 18, 2021
Comment
Nope, looks too bullish here. Maybe I'm wrong about gap direction. Staying out.
May 18, 2021
Comment
Only bought 2 contracts, one for the gap and one to hold all day tomorrow. Just a small play.
May 18, 2021
Comment
Everything sold off in the last 15 minutes before close.... financials, retail, tech, transport etc.
Looks bearish for tomorrow, but we've all been fooled before
May 18, 2021
Comment
Days like today show why it's important to pay attention to foreign markets.
May 19, 2021
Comment
Not a convincing selloff by teh Asians, gap will be determined by teh Euros as usual.
Asians look like they;re doing that weird alternating up one day and and down one day BS.
Chart Patterns
Technical Indicators
NASDAQ 100 CFD
NQ
QQQ
hungry_hippo
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