NQ Update

2023년 3월 20일

NQ MFI is almost oversold, so I assume that means a pump tomorrow when it gets there. NQ is the only index that appears to be melting up.

No idea which way the market gaps tomorrow, but I might go long on tech tomorrow. No idea what the market is gonna do this afternoon, so much news related whipsaw....

2023년 3월 20일

노트

NOTE: It's melting up because the market is anticipating a rate CUT Wed, if the Fed raises rates then it comes crashing down hard.

The Fed should raise rates .25%, but you never know with Simple Jack Powell.

2023년 3월 20일

노트

MFI now touching oversold, but just remember neither MFI nor EOD direction dictates gap direction. That usually depends on what Europe does in the morning.

2023년 3월 20일

노트

I think tomorrow might be one of those days where they pump tech and dump everything else. Be careful what you trade....

I don;t recommend holding a long position overnight, these gaps have been huge.

2023년 3월 20일

노트

NQ MFI bounced when it went oversold.

Sill not trusting the Euros, so no long positions overnight