Yesterday I posted GOOG, for options positions I wanted to see a move above $883, we have that now...
We also have all the longer timeframes in place, we simply need the intraday to fall in to place and confirm a head fake move, making this area a high probability/low risk GOOG short or in this case an options position (long GOOG Put).
I'll be keeping an eye on the intraday charts for the signal of confirmation of a head fake move since this just happened, I'll let you know, but if you see an GOOG Put position is being opened, this is the history of the idea (including the link above to yesterday's post).
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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