NQ Update

Trend reversed overnight even though indicators didn't hit overbought. Indicators neutral, market going sideways.

Might just take anotehr break since I'm sidelined anyways.

Yorum:

As I mentioned on the ES post, CPI numbers premarket tomorrow. Could cause a significant gap down if it's higher than estimates.

Not worth the risk to have any long positions. Interest rates are higher than inflation right now, so being in MMA or a savings account still makes you money (inflation adjusted).