SJM is very close to our target resistance of the 200 day, volume is declining.
Intraday, it is early, but it looks like there's some negative price pressure building.
3C 1 min is starting to show a negative divergence.
"IF" I have time, I may put in a small Put position in the options MP on SJM here, if I have time.
Is interest rates about to start going up?
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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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