ES daily MFI lowest ever
Confusing day for everyone, not a big surprise..... look at the daily MFI on ES, it's the lowest it has ever been.
I am going to attribute this to the election more than COVID. Same with FAANG stocks tanking after beating earnings. Instead of doing the usual overnight pump and dump, futures dumped immediately, MFI whipsawed on both NQ and ES today.
Not sure it's heading up until NQ MFI gets oversold....
I am going to attribute this to the election more than COVID. Same with FAANG stocks tanking after beating earnings. Instead of doing the usual overnight pump and dump, futures dumped immediately, MFI whipsawed on both NQ and ES today.
Not sure it's heading up until NQ MFI gets oversold....
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