All of the opening indications are strong, the averages opened on the gap down in to positive divergences, several made some large gains yesterday, for instance the Q's for one....
1 min opening in to a positive divergence on the gap down.
2 min hit a large leading positive new high yesterday
3 min did as well, so did the 10 and 30 min. Like I said about BIDU, I don't trust that move down, I don't trust this gap down, it feels like something is underway.
I'll be watching BIDU carefully and considering adding there. I usually don't trust early trade and that's probably why I'm a bit hesitant and wanting to see more, but there are some very bullish indications in front of us right now.
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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