I'm watching the charts including index futures and some of the 1 min charts are getting sort of extreme or strong for a bounce, the 2 and 3 min charts aren't or are barely moving positive. It almost looks as if there may be a sharp upside correction, more "V" shaped than usual.
If the 2 and 3 minute charts stay like this or get worse, then I'd say market makers / specialists/maybe some HFTs may be trying to unload inventory from yesterday''s levels.
We'll see shortly, this is just a little bit of an unusual divergence.
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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