Looks to me like a reversal coming tomorrow when RSI goes oversold. Didn't think it would rally without going oversold first, and I was right...
Needs to go down tomorrow, then we get a reversal.
Needs to go down tomorrow, then we get a reversal.
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My guess for tomorrow is WHIPSAW! lol. Lots of options trading this week....
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NQ and RTY RSI are not oversold yet. There's a chance it could get there overnight and reverse, but I think we see a gap down and reversal tomorrow.
No rally until futures go oversold first.... like I said earlier.
No rally until futures go oversold first.... like I said earlier.
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I'm probably taking a break after tomorrow, market will go oversold and pop back up. Just not feeling bullish enough to take long positions, probably a couple of weeks until it gets overbought again, lol.