Yesterday we had signs of accumulation, today the gap down is now starting to be aggressively filled.
DIA 1 mn in a leading positive divergence.
Q's in a leading positive divergence on a 1 min chart
Q's relative/and leading positive divergence on a 5 min chart
SPY 1 min leading divergence.
SPY 5 min leading divergence.
Now we are starting to see some market action that makes some sense with what we saw yesterday. It'll be important to see how this develops as it will likely give us a hint about GOOG's earnings today.
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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