This was entered as a spec. size position, I do like what I see in several charts so I'm going to add about 50% to the position size.
During the last hour or so the negative intraday divergences have been in the major market averages and a number of individual equities, I mentioned SMH earlier before the last market update. So far most of the divergences have migrated to the 3 min chart over the last hour which is what we are looking at above in Z.
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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