NQ MFI overbought
Updated
Not a good sign for tomorrow. If you're bullish, wait until tomorrow, if your bearish maybe buy some puts EOD
Comment
Didn't take long to start dropping...Comment
MFI no longer oversold, bought some calls to protect my puts in case this is a melt up.I'm screwing around with ZM and I know it can gap up big if the market does.
Comment
Looks like a bull flag, probably forms a hanging man, drops a little tomorrow as a bear trap then gets pumped up on Friday as usual
Disclaimer
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.