I didn't exactly nail the pattern, but I was close. Much larger gap today than I expected, NQ was overbought so promptly sold the gap (that is why I posted it yesterday).
Based on the bullishness, I'm expecting another melt up, but it's overbought now so I expect it to go sideways or slightly down first. Given that NDX is green again, it might just be sideways.
Not expecting a tank, but there are opportunities to short stocks. SQ, COUP, TSLA all tanked today.
Based on the bullishness, I'm expecting another melt up, but it's overbought now so I expect it to go sideways or slightly down first. Given that NDX is green again, it might just be sideways.
Not expecting a tank, but there are opportunities to short stocks. SQ, COUP, TSLA all tanked today.
ノート
Note, the timing of the next up move may not be right, hard to predict....ノート
Appears to be moving sideways....ノート
Wow, more pumping during the off hours, this is the biggest 3 day pump I've seen in a while. I guess I didn't draw the green arrow big enough.ノート
Another 20 pt pump, have no idea what to say. RSI well into overbought, regain the blue channel now.The best I can figure is that it's gonna hit the top of the mauve channel without a break.
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