LOL, i slept in and missed the morning pump. I was all cash.
I think the overlay is a bit too bullish, but I also think the RTY gets a gap fill tomorrow. We could see a possible sector rotation instead of an all out rally.
My play is to short EOD tomorrow, not chasing the pump. Earnings season coming up end of month (EOM), and Fed minutes had nothing positive in it.
Remember the last time the market pumped Fed meeting minutes it was a Thu/Fri pump. I guess the same here.
I think the overlay is a bit too bullish, but I also think the RTY gets a gap fill tomorrow. We could see a possible sector rotation instead of an all out rally.
My play is to short EOD tomorrow, not chasing the pump. Earnings season coming up end of month (EOM), and Fed minutes had nothing positive in it.
Remember the last time the market pumped Fed meeting minutes it was a Thu/Fri pump. I guess the same here.
Not
CPI (inflation) number comes out Wed July 13th at 8:30 amNot
Note: RSI hit overbought with MFI divergence. That's bearish, but no position because my overlay says more pump tomorrow.Not worth the risk chasing this.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.