FDAX Update 10/21

DAX FuturesEUREX

설명

⋅ 2020년 10월 21일 오후 6시 37분

Algos buying futures this afternoon because they expect a gap up tomorrow. FDAX went oversold on MFI.

Considering MFI is oalmost overbought on ES1!, I'm expecting a pump and dump tomorrow, so gap up and tank.

코멘트

⋅ 2020년 10월 22일 오후 2시 45분

And there you have it, gap up and tank today

FOr those wondering why the market gaps up even on down days, now you know.

코멘트

⋅ 2020년 10월 22일 오후 8시 26분

MFI is close to oversold again, but it could sell off anyways because who wants to hold stocks over the weekend with lockdowns coming in Europe?

Tough call here, but with this whipsaw market, the gaps fill fill anyways.

코멘트

peter_bu

⋅ 2020년 10월 22일 오전 8시 9분

I don’t think it’s actually only FDAX, NQ is not yet overbought.

hungry_hippo

⋅ 2020년 10월 22일 오후 8시 22분

@pbuncik, there's no requirement to go overbought before selling off....

Tough whipsaw market

responsibleRhi22794

⋅ 2020년 10월 21일 오후 6시 49분

Can you please explain in simple language. sorry I dont want to get it wrong. Thanks.

hungry_hippo

⋅ 2020년 10월 21일 오후 7시 39분

@responsibleRhi22794, FDAX is German index futures. it;s oversold so I expect Europe to bounce up tomorrow morning after today's selloff.

When Europe goes up, they pump US futures too, so gap up tomorrow. That is why the algos are buying futures right now, despite the weak market