ES OED/EOW Update
RSI is overbought but MFI appears to be headed up, so more melt up next week on stimulus news is my assumption.
I don't chase overbought conditions, so almost all cash. Market could have regained the original pink bull channel, and heaed towards the blue target line.
Dec is usually a tough month to short anything, except when the Feds increase rates (2018). Might have to give it a shot on Tues/Wed though if the market goes super pumptarded.
I don't chase overbought conditions, so almost all cash. Market could have regained the original pink bull channel, and heaed towards the blue target line.
Dec is usually a tough month to short anything, except when the Feds increase rates (2018). Might have to give it a shot on Tues/Wed though if the market goes super pumptarded.
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