I'm not seeing anything really out of line or particularly noteworthy. The SPY still has a 1 min positive divergence, the 5 min has gone nowhere, it's just in-line. The 10 min has gone into a leading negative divergence.
The DIA 1 min is in line. The 5 min. is inline. The 10-min on the DIA is the opposite of the SPY and it is in a relative positive divergence.
The QQQQ has a very slight 1 min positive divergence, nearly in-line. The 5 min has a positive divergence. The 10 min is in a bad negative relative divergence, which is almost a leading negative divergence.
The IWM is inline on the 1 and 5 min charts and a relative negative divergence on the 10-min chart.
GLD is showing pretty much nothing in the short term between 1-10 min charts.
The dollar proxy, UUP is in a positive divergence in the 1, 5, and 10 min charts.
If there's a leak here, I don't see it.
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
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