NQ Update

Europe actually went up but the US gapped down anyways, lol, which is what I predicted.

NQ oversold again so we get a one or two day bounce. Drops again when it get soverbought

Commento:

Very odd, oversold on MFI again.

Indicators show a pump this afternoon, but chart patterns seem to indicate a reversal tomorrow.

Maybe they paused the pump and dump algos because of rising bond yields? I dunno

Commento:

No idea which way the market gaps tomorrow.

FDAX is overbought, NQ is oversold. Take a guess, lol

Commento:

I've noticed every now and then the man behind the algo curtain goes on vacation. Looks to me like they've decided to pause the algos today, don;t recommend a long position even though NQ is oversold

Commento:

Oversold but can't get any traction. Flat right now, so the gap depends on the Euros.

I held my puts overnight so hoping for a nice gap down, flip teh puts and call it a week, lol.