It looks like the DIA and QQQ are very close to an intraday pullback, I'd imagine the SPY will follow suite.
DIA 1 min
QQQ 1 min
Both are in serious 1 min negative divergences suggesting an intraday pullback.
There's always the possibility of a false move right before the pullback, th averages would have to make a new intraday high for that to occur, it's just something to keep an eye out for a it marks a great timing indicator.
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