DIA flushes intraday stops.
And the DIA improves after the last stop run.
The Q's did the same, here it is 11 p.m. and retail is starting to give way to Wall Street.
The SPY Flushing stops on a very obvious support line.
Ironically, that's about the same time improvement in 3C started to register, or maybe not so ironically.
I don't see a "V" shaped move from here, but more likely some backing and filling, maybe a small lateral base before this goes much higher. However, there's certainly noticeable difference since 10:30-11 a.m.
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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