RTY Update

Updated

MFI no longer oversold, RSI almost overbought. If it gaps up again tomorrow, probably a pump and dump.

Market usually whipsaws when Asia/US/Europe decide to go different directions. Next rally probably won;t happen until Europe goes oversold on the short term indicators. We'll see.

Note

Probabkly just more whipsaw tomorrow, don;t see a good overnight trade.

Note

Bullard says 2 more rate hikes this year, nobody seems to care, lol.

Market trying to disconnect from reality, not sure I can recommend trading in either direction.

Note

I think small caps do a pump and dump tomorrow, no idea about ES/NQ

Note

Probably a bad idea but adding to my BITO puts, bought some PTON puts because we all know that's garbage, lol.

Just feel bearish, but you really shouldn;t trade on your own personal sentiment.

hungry_hippo

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