NQ Update - MFI ovebrought
NQ MFI hit overbought and it's hung up at resistance.
Could go either way this afternoon, but I'm expecting a 401k bump to get it to overbought on RSI. If that happens I expect a dip Monday. If they pump bonds with the market I might take a small TLT short position, idiots need to quit pumping bonds, lol.
I'm already out, didn't like the way PCAR opened so sold everything at open. Days like this when yields go down and the market pumps tech, PCAR tends to be pretty weak. Should've swapped over to GM or TSLA, oh well.
I mentioned yesterday that I actually don't trade indices, I use it as a buy or sell signal for stocks. It works really well for AAPL if you look at it today.
Anyways, all cash, might short shitcoin, but just a kicks and giggles play.
Could go either way this afternoon, but I'm expecting a 401k bump to get it to overbought on RSI. If that happens I expect a dip Monday. If they pump bonds with the market I might take a small TLT short position, idiots need to quit pumping bonds, lol.
I'm already out, didn't like the way PCAR opened so sold everything at open. Days like this when yields go down and the market pumps tech, PCAR tends to be pretty weak. Should've swapped over to GM or TSLA, oh well.
I mentioned yesterday that I actually don't trade indices, I use it as a buy or sell signal for stocks. It works really well for AAPL if you look at it today.
Anyways, all cash, might short shitcoin, but just a kicks and giggles play.
One thing I noticed Wed is that China pumped crypto, and that's illegal over there..... so I wouldn't be surprised if they caught someone. Really strange for a company to liquidate all holdings like that unless some other company went bankrupt. We'll prob find out over the weekend.