We're too close to filling the COVID gap to go down without filling it.
At the current rate, we should hit it sometime Tuesday. Target is somewhere between gap fill and ATH (or possible double top).
No shorting until Tuesday.
At the current rate, we should hit it sometime Tuesday. Target is somewhere between gap fill and ATH (or possible double top).
No shorting until Tuesday.
Note
Looks like it needed to get rid of the overbought condition first before the final move...Note
YM MFI went oversold, looks like it's heading up from here to that gap fill
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.
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.