There's plenty of upside this a.m. but the SPY just showed 2 negative relative divergences and 1 negative leading divergence suggesting we are seeing selling into this move higher, volume tend to confirm.
We should see some intraday (minimum) downside/weakness from here.
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