ES Update

RSI and MFI bounces as expected, chart pattern looks like a backtest than a rally. I cashed out earlier today, not sure which way the market gaps tomorrow, but I expect MFI to hit overbought so have an exit plan if you do short term trading.

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FYI - I closed out my positions because there is a probability of another leg down.

My expectation is that the market is gonna go sideways, probably only trading when things get overbought or oversold.

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My beer money bet is PTON ATM puts @8 cents a piece