It's amazing how fast this market is moving, I keep saying it, but the more I see, the more I'm convinced there was absolutely a leak of the December Taper. After the initial knee-jerk reaction I always want to let the dust clear and see what's what before moving, but with this Quad Witching, it seems like that's all they were waiting for and since there has been strong distribution signals in the second half of the afternoon as suspected.
These are AMZN charts, you know what they are.
2 min intraday
5 min monster move
The 15 min has been in place
As has the 4 hour and
The daily, we just needed the short timeframes and a reasonable area, $400 was perfect
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
No comments:
Post a Comment