If that BIDU position was my only position, I'd have held it, but I had another Put position and I needed some room for GLD which I like here for a put.
I'll probably go out to October and it will be a partial position, not a full one as I already have a partial in GLD puts.
GLD breaking out of an obvious triangle.
GLD's Intraday range is very flat.
It's the trend in the intraday charts that interests me, the 2 min
The 3 min
The 5 min leading negative.
The 30 min is also leading negative.
Here's the 60 min, also leading negative.
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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