OK, I figured out why the market is pumping. FDAX MFI went oversold this morning, so the algos are indeed planning another pump and dump with the expectation that Europe will go up Monday.
I think it's being helped along by the fact that today is options expiration.
I think it's being helped along by the fact that today is options expiration.
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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.