RTY Update

215
RSI overbought but it's obviously going for the gap fill

I guess I should've stayed bullish, lol. Wasn;t really sure yesterday.

I was expecting a gap down then up move yesterday and the market did the exact opposite so left me a bit confused, lol.

Missed this Ponzi Tuesday rally, not gonna chase it at this point. Gonna stay cash and wait until NFLX and TSLA earnings tonight, hopefully they tank the market so we can buy the dip. Bullish until RTY gap fill.
Note
Original gameplan for this week was to buy the dip on Monday, buy the chart pattern looked too bearish, was expecting a gap down and reversal....

Missed teh boat, oh well.
Note
Gap is at 1800.4, almost filled

These gap fills can be rather vicious, lol. that NQ gap fill yesterday afternoon really threw me for a loop

Disclaimer

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.