The market feels a bit dull this afternoon, I like to compare a dull market to, "The kids a little too quiet in the room next door". Usually there's something going on and you really don't want to be caught off guard.
Here's the ES and NQ update.
ES 1 min has a small positive divergence, but the trend today is pretty darn clear.
ES 5 min -the green line in the 9:30 open, a negative divergence.
NQ 1 min negative
NQ 5 min also negative.
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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