Looks to me like China is gonna pump tonight or tomorrow night, MFI oversold
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Just want to mention that indicators and chart patterns don't show a direction for EUrop tonight.... DAX is just bouncing sideways, not sure if it's a bull flag or rolling over, and hard to tell when it's going to break as well.노트
… and there you go, HS up .55%, US futures in the green, and I expect it to stay that way until the Euro markets open.Euro markets are entirely a different story, I have no idea which way they will go in the morning....
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This chart could come in pretty handy for trading China ETFs...노트
Up .8% now, they're not pumping US futures much though.I gotta start trading China ETFs, their market might be easier to read....
I think the big tank happens when US, CHIna, and Europe all get overbought at the same time in a week or two.
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Wow, so the Hang Seng dumped that whole .8% pump and went red. MFI did scroll up as expected though, making for yet another strange chart.Pattern looks like a bear flag now....
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After the initial headfake it did go up last night. Indicators now neutral though it looks like it's still headed up.노트
Holy crap does this MFer whipsaw and move a lot, does 0.5% moves both directions when it opens. Wow. Check it out in a shorter timeframe
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