I'm kinda assuming that it's going to head slightly more into oversold territory then bounce, because the pump and dump isn't over yet. Algos are still running full steam, today is actually a proof of that. ES futures get overbought and then boom...
Its all just algos, ignore the "news".
Its all just algos, ignore the "news".
Nota
Well, I was right, retested the top. Now it's overbought.
Penafian
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Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.