The market's covered some ground this a.m., we now have the first sign of 1 min negative divergences. This could be in intraday pullback as the 5 min is pretty positive, but if you are day trading, it's something you can use.
**Update, it appears the divergence is connected to the SPY hitting the neckline resistance, it may need to consolidate under that area before it attempts to break through it
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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