Ok, I would like to walk through what a T/A person would do with BIL.
BIL - negatives: concern over AUD/USD impact on earnings.
However, perhaps it is now in an oversold position. Also the price seems to be making a negative divergence with the stoch. osc. (perhaps too early to call this though). (Price is making new low which is not confirmed by the oscillator).
What would a T/A do now, assuming the negative divergence is completed? (I expect thurs/fri).