Overbought on RSI with MFI divergence. Also overbought on daily for both.
US market appears to be in a melt up but this scares me. Europe dictates gap direction, might be wise to day trade and buy the morning dips. Not really sure. Hard for me to hold anything overnight when FDAX is overbought
US market appears to be in a melt up but this scares me. Europe dictates gap direction, might be wise to day trade and buy the morning dips. Not really sure. Hard for me to hold anything overnight when FDAX is overbought
Nota
EUR CPI next Wed morning during their market hours. I think that might be the end play here.Nota
Check calendar for CPI releases and Fed member speeches. Lots of them next week:forexfactory.com/calendar?week=jan15.2023
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