They Shut Down the Algos

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You can see in the chart that during the initial Feb/March drop that the algos were still running, and we'd see at least a small bounce when MFI/RSI got oversold, however you can see that they shut the algos down yesterday, MFI totally flatlined for 2 days which is something that did not happen on the initial drop.

So basically, there's no point for me to plot 3 hr charts until they turn the algos back on. I will post when that happens.

Made a bunch of mistakes this week, but managed to break even daytrading XLF puts twice today. XLF was lagging the market a bit which made it easier to trade.
Nota
The market is breaking a lot of rules, cryptos went down this morning and it's usually understood that there's no selling on weekends due to the lack of liquidity. I guess hedge funds don't believe in crypto rules...

Crypto market makers trying to pump it back up knowing it's gonna drop SUnday night, lol.
Nota
Looks like I was right, RSI and MFI flatlined at the bottom.

No idea when they will give it a bounce. It will bounce, but at the same time I do not think the bottom has been reached yet.

Penafian

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