I'm not sure what month or strike yet...
The charts...
This is the bear trap we expected in BIDU and at least part of the counter-trend move up.
BIDU 1 min leading negative on early strength
BIDU 2 min leading negative divergence
BIDU 3 min leading negative
BIDU 5 min leading negative divergence
BIDU 15 leading negative.
BIDU may in the future add to the counter trend move higher, but for now, probabilities are looking strong for a move down.
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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