ES MFI Oversold

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NQ went oversold on RSI and MFI yesterday (already plotted last night), ES MFI went oversold premarket.

I'm guessing whipsaw today then an up day on Ponzi Friday.

I'm siorta anticipating a down day Monday for some reason.... we'll see how the indicators and chart patterns line up tomorrow.

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Seems like we're getting a normal pump and dump now.

Pump on low volume off hours, dump on high volume during market hours, dump some more pre-market to make prices cheaper, buy on high volume.

Next step is another pump and dump obviously. WHipsaw at the top.

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Market is no longer oversold, tomorrow is Ponzi Friday so probably up.
I don't feel very bullish, kinda stupid to be bullish when unemployment is up. Probably just staying out.

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Bought some NBIX puts on the last intraday pump. Figure if it breaks 90, it's a long ways down. Looked like a bear flag anyways. When in doubt, short garbage that nobody cares about.

Anyways, I promised you whipsaw... we got whipsaw.

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Remember, unemployment is good for teh economy, lol. Watch the gap up tomorrow. Might be some opportunities to fade the gap, but I would suggest individual stocks, not the indices.

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I get this weird felling that tech has another leg down. Usually when NQ breaks one of my channels, it drops more than one line...

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What happened yesterday and today just goes to show that most of the big traders know the unemployment numbers before they even come out. Yes, the market is rigged.

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Probably a flat open tomorrow, ASia isn't pumping and I don't expect Europe to pump either.

Maybe an EOD rally because it's POnzi 401k Friday.