MFI went overbought, that's my cue to bail. RTY is the only index still cycling.
ES and NQ are also overbought, but not sure when the melt up will end. Could be today, could be July, lol
ES and NQ are also overbought, but not sure when the melt up will end. Could be today, could be July, lol
Nota
Really odd that small cap indicators work better than all of the other ones when it's usually the least reliable, lol. (I rarely look at the Dow though because it's only 30 stocks)Snagged a few puts but only with today's profits from the gap, waiting until Monday to do any real trading.
Despite leaning the wrong way on the Fed meeting, i managed to make $3k this week, so I'm done.
Nota
Tuesday, lol. Monday is a holiday.Not ready to say the bull run is over, but if it finishes red on a Friday that's very bearish.
We'll have to keep an eye on RTY, it seems to be the best indicator right now, as I said earlier that's really odd. Usually the worst one to track, aside from YM (Dow) which is straight garbage since it only has 30 stocks.
Nota
Slow melt up because it's a Friday, 401k plans buying. I flipped my puts, I'll see you guys TuesdayNota
Can't help myself, lol, snagged a few puts for Tuesday, might add EODNota
Shitcoin and TSLA look bullish, I think everything else is fair game to short, even AAPL. It may only be a dip Tuesday though....I'm not really sure what the best play is....
Nota
If you want a cheap play just to play with options, FCEL ATM puts are only 11 centsNota
Since someone asked, my stoch settings are 10, 5, 7 on the 3 hr(bottom graph)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.