I've been watching the market the last hour trying to get a feel for what the EOD trade would look like, there haven't been many signals at all, much like this morning.
DIA 1 min, a very slight positive divergence, I wouldn't otherwise point it out.
The DIA 15 min chart looks positive and the positive divergence Friday makes sense with the Price Volume relationships from Friday
IWM-I'd barely call this a divergence, but this is what we're looking at. The pattern in the trendlines is a bullish bull flag-type pattern.
IWM 10 min is positive again with the P/V relation on Friday.
QQQ 1 min shows nothing but in line, the 10 min is positive, again with Friday's P/V.
And the SPY 1 min, again a divergence hardly worth pointing out.
However the 60 min chart is.
Looks pretty dull.
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
No comments:
Post a Comment