RTY hit my first target, overbought on RSI and MFI along with NQ and ES
Funny thing is, I totally called market direction wrong on open, but made money by picking the right stock. That's the opposite of what usually happens to me when I call the market direction right but pick the wrong stock, lol. PDD is still red and looks like crap.
Not expecting a tank but I do expect at least a dip tomorrow because everything is overbought, TSLA earnings tonight, ECB tomorrow morning, and Thu is usually the weakest day during a bull run.
Chinese ADRs look pretty weak, will go down further with the market if it reverses here.
And oh, BTW, the gap filled as promised, lol. Keep an eye on futures gaps. Only works for US indices though.
Funny thing is, I totally called market direction wrong on open, but made money by picking the right stock. That's the opposite of what usually happens to me when I call the market direction right but pick the wrong stock, lol. PDD is still red and looks like crap.
Not expecting a tank but I do expect at least a dip tomorrow because everything is overbought, TSLA earnings tonight, ECB tomorrow morning, and Thu is usually the weakest day during a bull run.
Chinese ADRs look pretty weak, will go down further with the market if it reverses here.
And oh, BTW, the gap filled as promised, lol. Keep an eye on futures gaps. Only works for US indices though.
Note
Retail (XRT) is posting the same exact pattern as March, which would imply down tomorrow and up Friday.Note
There it is, full market reversal
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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.