GOOG on the other hand is not building much of anything, it looks like it's just trying to tread water with Tech/AAPL
GOOG min early positive divergence which has faded already
2 min
3 min-again doing nothing today
10 min-note the resistance breakout
15 min again the resistance breakout change in 3C momentum to the downside.
Even a daily chart which has mostly been in line or trend confirmation with the only really serious divergence now.
GOOG is a core short in the equities model portfolio
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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