RTY RSI oversold, lost the channel line though.
I wouldn't go long until MFI gets oversold too. Then it probably backtests the trendline because that's what indies tend to do.
The parabolic rally is more than likely over.
I wouldn't go long until MFI gets oversold too. Then it probably backtests the trendline because that's what indies tend to do.
The parabolic rally is more than likely over.
Note
ES chart looks similar, and NQ is oversold as well.
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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.