A look at GOOG

We have caught leaked GOOG earnings in the past, but it was the last 15 mins before earnings. Here's a look at the chart...

 the 60 min has been pumped with accumulation to send it higher, it looks like strong distribution in to that move.

 The 15 min chart has seen similar activity with distribution at the March peak, there's a small positive divergence, but it is still within a leading negative position.

 Here's where GOOG gets tricky, the 5 min chart saw accumulation with the market and it is almost in line, but not quite.

 Today it looks like GOOG was accumulated short term in to a flat market and it ha run up since in a parabolic manner.


The same is true of the 1 min chart, it looks like short term accumulation to push GOOG higher. I would feel good about making a short call on GOOG IF I saw distribution of this move higher. We may still see it, the last time we got GOOG earnings right, it was 15 mins. before the close. I'll keep an eye out.