The same concept in GOOG remains, timing is longer. Shorter term GOOG has put in a larger positive divergence, I still want to use it to short in to strength for a longer term trade, whether longer dated puts or a straight equity short.
GOOG 2 min
GOOG 5 min
This is the first time GOOG 10 min has gone positive
This links up with GOOG 15 min chart.
And we have a relative positive 30 min for the first time, I'm guessing it can bounce to $840 area, which is where I'd like to add to existing positions.
The negative charts for the longer term positions already in place haven't changed, still 60 min leading negative
2 hr leading neg.
4 hour, showing 11/16 lows accumulation
And Daily chart negative, which is the big one.
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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