GOOG Update

Friday's GOOG Feb $720 Puts are doing pretty good all things considered (choppy intraday-flat daily) so I'm fine with them. I'm also fine with the update, I'm not going in to the larger strategic update, if you need that-the original idea, I can dig it up after the close.

Here's today's update and once again, please pay attention to where the recent accumulation zone was, it's been a theme in every asset we've looked at today. Ask yourself, "Can all these different assets, with different versions of 3C and in all different timeframes REALLY be coincidence?" or does this give you some idea of how manipulated the market actually is?

 GOOG Daily Chart, just above a resistance zone just lie nearly every average and a bunch of bellwether stocks. I don't know if it will hold, but on the daily chart we also have a Harami (bearish-downside) reversal candle pair from Friday and today, in the west it's known as an inside day.

 The 1 min chart's trend, this is where the 1 min chart can be influential, it's clear as GOOG pops above that resistance area 3C goes clearly negative strongly suggesting selling in to the demand created by retail Technical Traders chasing, oops I meaning buying a breakout because it is confirmation.

Oh, note the leading positive divergence and the date, 28/31st of December.

 2 min chart also going leading negative at the same area, it made a new leading low today, also note the accumulation area -right in to the 28/31st of December, the same time the entire market moved. It wouldn't be interesting if the signal happened as the market moved or after, it is interesting though when it happens before the market moves over and over again everywhere you look.

 A close up of the 1 min chart on more of an intraday basis of the last 2 days, we have a little bit of a positive divergence intraday like the SPY, etc.

 3 min chart's trend, again the accumulation zone in to the 28/31 and then a leading negative divergence at a new low on the chart as GoOG breaks above resistance, in a healthy move 3C should be right up there with price making a new high or even leading it.

 5 min chart, again where's the accumulation, in green we have 3C/price confirmation until GOOG breaks out, then a leading negative divergence hitting lows lower than the accumulation area.

The 15 min chart shows the same accumulation area and the same leading negative divergence on the breakout. I could stand to watch this 15 min. get worse on the downside, but that's actually a lot of movement for a 15 min chart in such a short period.

I'm going to switch templates and look at leading indicators now that the SPY and others are moving in the right direction short term.