There's a positive 1 min divergence in UUP (US dollar) so I'd expect some more upside there, with downside in inversely correlated commodities.
Here's USO on a 1 min chart, in a correction now, note the negative divergence here.
Silver should see a correction as well as the rally this morning seems to be based on dollar weakness.
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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