BIDU Update

I had decided last week not to play any more short term moves other than VXX calls, but I am intrigued with BIDU, it looks close, but not quite there yet.

 The 5 min BIDU chart is negative enough for me to consider for a quick short sell trade.

The 3 min intraday is negative, but I'd like to see the timing on the 1 min give a stronger signal.

This is the 1 min, today is another one of those days where underlying action has been very slow, it has been picking up as pros are trading in to the close more and more frequently.

If BIDU offers a really attractive set up, I might just take it short.

For now, I'm sticking with VXX / UVXY long which is doing better, which is not good news for the overall market.