I'm really liking TYP right here.
First take a look at XLK-Technology.
This is a 30 min leading negative divergence, one of the worst I have seen so far.
TYP, Technology Bear 3x as I showed earlier today, looks like it saw tow head fakes and it appears both were aggressively accumulated.
The head fakes happened over the last 3 days, exactly where we see accumulation on the 1 min chart.
The 15 min TYP chart is in a beautiful leading positive divergence. I like this one as a buy right here.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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