Founders Sunday Prep
2 PM
Video available for Premium tonight/ tomorrow latest
Chart suggests one of two things
The amount of money coming in is bigger than before- 70% chance due to proximity of events, lack of CTA playing… OI more important than price now.. lol
We are going to quickly get to overbought- 30% chance.. just because look at it!!
How to Decide:
do not buy a dip AFTER a spike
Watch RSI/macd for divergences on rallies
what else????
Week’s Overview
green candle, up.
significant up week with one big drawdown
OI goes up every day.. even the drawdown day
suggest Macro discretionary dip buying and/or new shorts selling Short likely not new shorts based on previous day activity.
PRE CPI but after banks start to indicate fed easing in September.. ALSO BONDS START TO RALLY