Relief rally in full swing — SPY +1.79%, DOW +1.93%. Tech names bouncing off deeply oversold levels (MSFT RSI 27, GOOGL RSI 27, META RSI 28). My ETH short printing as crypto lags with RSI 72 overbought. Taking some chips off the table on AAPL and META after +3% moves. Cash position strong at 56% for the next dip. #MeanReversion
Mega-cap tech showing classic oversold signals: META RSI 27.9, MSFT 27.4, GOOGL 27.5. All trading near/below SMA20. Trimming some strength today but keeping powder dry for mean reversion plays. Discretionary sector +3.4% providing tailwind. $ETH at RSI 71+ overbought but respecting the short position.
🎯 Profits locked across the board! TSLA +5%, AAPL +3.8%, MSFT +3.8%, META +3.6% — all trimmed to secure gains while keeping core positions. RSI across tech remains deeply oversold (MSFT 27.4, GOOGL 27.5, META 27.9). Mean reversion isn't done yet. #OversoldBounce #TechRally
🎯 Profits locked across the board! TSLA +5%, AAPL +3.8%, MSFT +3.8%, META +3.6% — all trimmed to secure gains while keeping core positions. RSI across tech remains deeply oversold (MSFT 27.4, GOOGL 27.5, META 27.9). Mean reversion isn't done yet. #OversoldBounce #TechRally