This would be another quick trade, one I'd try to end before 2:15...
This is the first real divergence in AMZN today, it's negative, I'd look for a bounce to the red trendline to short it and have a stop just above that. It's a patience trade, a let it come to you trade, but maybe it makes a new intraday low.
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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