We are getting some upside movement in to a leading negative divergence,
I'm assuming this is op-ex pin action, but nonetheless, it makes for a better entry on the FAZ long position as far as price goes.
XLF-Financial Sector 30 min (I didn't think I needed to draw annotations on the chart, the divergences see pretty obvious.
XLF short term 1 min
FAS (like XLF except 3x leveraged long) 15 min
FAS 30 min
FAS 2 min trend
And FAZ-3x leveraged short- 15 min.
For some reason I can't get the rest of the FAZ charts to upload.
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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