This is what I mean by pump and dump, look at the sell volume in the morning.
The algos have managed to convert futures trading into a pump and dump scheme and teh dip buyers are letting them make their money, lol. Small caps still flat despite the dump. Sideways action until the dip buyers are gone.
Watch MFI though, as soon as it goes oversold we'll see another pump
The algos have managed to convert futures trading into a pump and dump scheme and teh dip buyers are letting them make their money, lol. Small caps still flat despite the dump. Sideways action until the dip buyers are gone.
Watch MFI though, as soon as it goes oversold we'll see another pump
Note
I'm taking a week off, not gonna chase this overbought market and too scared to short, lol. Maybe go do some duck hunting. The market always drops when I go duck hunting.
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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.