MFI staying oversold, indicators are broken, which happens during a tank. Basically means they've shut the algos off.
Look to me like it's a liquidity issue caused by rising long term rates. Impossible to tell when it will bounce...could be today, could be April, lol.
Look to me like it's a liquidity issue caused by rising long term rates. Impossible to tell when it will bounce...could be today, could be April, lol.
Note
Note, it broke through my orange line where I expected the bounceNote
Gold and market down at the same time shows liquidity issues....If you;re bullish, I don;t see a bounce until Euro markets close today
Note
Tech still looks weak, I think AAPL is a safer play than QQQ
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.