DIA 1-there's been a little positive action recently on the 1 min chart
The 5 min is still looking really bad
QQQ 1 has also shown some recent improvement, but
again, the 5 min continues to look bad.
The SPY has shown the most improvement on a 1 min chart
But still looks very bad of the 5 min.
My take is that intraday we may see some upside, but if these 1 min charts don't improve more and start effecting the 5 min charts, I'd except to see a gap down on Monday morning.
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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