The gap fill in the averages (which in 3 of 4 took out the lows of the last 2 days on the open) is coming along with intraday negatives as the averages pass the gap area, they seem to be getting worse so I figured a warning is appropriate and I'll update further weakness. Thus far here's what they look like...
SPY intraday 1m
QQQ 1m
IWM 1 m
The SPY divergence especially has been moving the fastest.
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