hungry_hippo

ES MFI touching overbought

hungry_hippo Aktualisiert   
CME_MINI:ES1!   S&P 500 E-mini Futures
ES MFI touching overbought....

I'm flipping all my long positions in the morning. We might get the same situation as last Friday but i'm not sticking around to find out.
Trade wurde manuell geschlossen:
Flipped everything on open, made back the money I lost on EWZ so up $2k for the week plus $1k in my 401k as well.

Definitely does not look like last week, I made the right call since MFI was overboguht
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Garbage stock short squeeze appears to be over, snagged some puts for next week
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BTW, this is how I've managed to stay green in my 401k without shorting anything... in and out quick.

I don't short anything with my retirement money, too risky. Quick long plays.
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Boy that 3 hr MFI indicator is working out really well this week. Hope you guys learned something.
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COUP is my garbage stock for the week.
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All hell will break loose if AAPL breaks through support. I actually thought about AAPL puts and went with COUP instead
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Potential for a big drop Monday if the market finishes red today. Margin call Monday.

Do not buy any long positions today unless the market finishes greeen, which I doubt will happen. TSLA lost support, $550 is the next one.
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TSLA might cause a crypto tank over the weekend, the same people invest in both and they'll have to decide which one to cash out to cover their margin calls.
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