There's not much going on at all here, the only divergences showing up short term are a small negative on the 1 min chart of the Q's, a possible SPY divergence, although it hasn't strengthened enough to even warrant a screengrab and DIA with a slight negative bias. . Other the that, there's just a trading range. I'd expect to see that range hold for awhile until we see something more definitive.
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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