As predicted yesterday, MFI is oversold but RSI is not there yet.
There's a chance that RSI might need to hit oversold as well, then we get a rally..... or we could rally from the gap, This is the final bit of "bad" news we were waiting for.
There's a chance that RSI might need to hit oversold as well, then we get a rally..... or we could rally from the gap, This is the final bit of "bad" news we were waiting for.
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MFI is out of oversold territory, appears rally off the gap was the correct answer, lol.
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Ya know.... it would be nice if you guys stopped by and gave me a pat on the back, lol.
Not really sure if it's just a breakout or if the big boys turned their algos back on.
Not really sure if it's just a breakout or if the big boys turned their algos back on.
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Algos are back on obviously, but I'll post a plot for ES because it's more obvious.