So NQ already bounced off of oversold, MFI is way oversold. Flipping my puts on open.
There may be a little more downside because ES MFI is not oversold yet. I guess I should plot that for you guys too.
In any case, not chasing this drop. Also, there were a lot of open gaps on this drop, so we may see another bounce up soon, we'll see. Might even go long this afternoon for a one day all or nothing trade.... small play
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I flipped everything on open.... so happy right now. Good profit this week.
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AAPL did a gap fill and promptly tanked again taking the indices with it.
I guess I should have seen that coming....
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MFI and RSI moving up, watch the indicators, probably drops next week when MFI gets overbought again
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