IWM 1
IWM 5
IWM 10
SPY 1
SPY 5
SPY 10
Both charts look very similar, the 1 minute is showing a negative divergence indicating we should see a pullback from the morning highs. There are slight signs on the 5 min chart point to negative divergences that are rolling in from the 1 min chart as these are quite strong in leading formation. For now, the 10 min continue to confirm the trend. It's early in the day, I haven't checked POMO results yet, but I will and get back to you as the submitted:accepted ratio seems to be very high on the predictors of later afternoon activity.
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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