RTY Update

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This morning's selloff sent all indicators to neutral. Everything was overbought last week in a weird melt up.

ES, NQ, RTY all have similar indicator patterns. I'm hoping the indicators start cycling from overbought to oversold again, because that's the easiest time to make money.

I get the weird feeling we see a bounce tomorrow then only a mild drop Wed, but who knows. Market could completely tank again, lol, but at this point I think 75 is priced in for the next Fed meeting. This week is all about the CPI and market reaction to it. I don't think indicators will matter much.

Really don't feel like trading this week. I shifted my BITO (shitcoin) puts to a lower strike and next week's expiration since BTC tends to tank on weekends and CPI numbers coming out Wed. Just a small play, a couple grand including today's profits.

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