This morning's selloff sent all indicators to neutral. Everything was overbought last week in a weird melt up.
ES, NQ, RTY all have similar indicator patterns. I'm hoping the indicators start cycling from overbought to oversold again, because that's the easiest time to make money.
I get the weird feeling we see a bounce tomorrow then only a mild drop Wed, but who knows. Market could completely tank again, lol, but at this point I think 75 is priced in for the next Fed meeting. This week is all about the CPI and market reaction to it. I don't think indicators will matter much.
Really don't feel like trading this week. I shifted my BITO (shitcoin) puts to a lower strike and next week's expiration since BTC tends to tank on weekends and CPI numbers coming out Wed. Just a small play, a couple grand including today's profits.
ES, NQ, RTY all have similar indicator patterns. I'm hoping the indicators start cycling from overbought to oversold again, because that's the easiest time to make money.
I get the weird feeling we see a bounce tomorrow then only a mild drop Wed, but who knows. Market could completely tank again, lol, but at this point I think 75 is priced in for the next Fed meeting. This week is all about the CPI and market reaction to it. I don't think indicators will matter much.
Really don't feel like trading this week. I shifted my BITO (shitcoin) puts to a lower strike and next week's expiration since BTC tends to tank on weekends and CPI numbers coming out Wed. Just a small play, a couple grand including today's profits.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.