So what happened this morning?
CSCO is trading down about -2.24% this morning, leaving last night buyers at a nearly 5% loss on open trade
So what happened, the charts below seem to explain, there's no need for annotations the divergences are clear...
CSCO 15 min 3C
30 min 3C
60 min 3C
DIS is also trading back below it's breakout to new highs right before earnings...
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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