GOOG Follow Up

GOOG is already starting to move.

Here are the charts I promised.

 GOOG daily looks a lot like a head fake move with a shakeout below support.

 The daily chart tells you why I'm bearish GOOG long term and why I would use any price strength to short in to.

 However this 30 min chart didn't confirm the downside move, in fact it's about the right size for the range put in before the break below support.

 This 15 min chart is also leading positive at the break below support, further increasing the probabilities that the move below support was a head fake move and making it a low risk, high probability long at least for a little while.

 Near term the 1 min chart went positive with the market.


 The 2 and 3 min charts have been working on a positive divergence since yesterday

 The 5 min chart is at its first 3C higher high with a lower low in price for this trend.

This is my guestimate for a target, I now it's pretty large, but the point of the move is to shakeout shorts and the move itself determines how scared they are and how much needs to be done