ES1 Oversold Yesterday

FUtures got oversold yesterday, so I figured we'd gap up as they buy back in. Doesn't look like the market will sell off this afternoon.

They tried their best to tank the market by dumping yesterday but it still stayed flat.... no sellers, no fear. In any case, wait until next week to short anything.

Kommentar:

Looks like we're in melt up mode, futures creeping up despite Asia and Europe being slightly in the red.

All eyes on the Feds Wed, if the Feds don't tank the market, it's melt up time.