All other index futures went oversold except RTY MFI as mentioned last night. It actually hit overbought again, lol.
If you're gonna play the bounce, I suggest staying away from small caps. I'm guessing gap up and tank tomorrow for small caps, it's too close to support not to test it.
If you're gonna play the bounce, I suggest staying away from small caps. I'm guessing gap up and tank tomorrow for small caps, it's too close to support not to test it.
노트
MArket appears to be done tanking for the day now that European markets are closed. I would stay away from small caps and Chinese ADRs though. See he Evergrande post I linked last night on my HSI post. Also, HSI1! MFI has not gone oversold yet, and neither has RTY1!Everything else looks like it's due for a bounce but I'll wait to see what happens tomorrow
노트
I think I'm gonna wait until RTY hits support before going long. Market acting strangely, would have expected a bounce by now.노트
MFI hit oversold and bounced this morning, whipsaw market....Did not expect such a big gap up on this one considering how the indicators looked
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