This is most likely for a very short term trade, around 1 p.m. today the FB charts started looking better, they looks almost as if they want to pop quickly. I'll be looking to add 1/2 of a spec position or 25% of normal in FB calls
1 min after 1 pm started holding its own
2 min making new highs as the day goes by
3 min is seeing the migration, it looks like something is going on here.
And 5 min is moving to new highs on the day as well.
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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