DIA 1
QQQ 1
SPY 1
SPY 5
The 1 min chart are all negatively divergent, the 5 min charts look like the SPY''s for the most part, so this could be an intraday consolidation, but the DIA divergence is particularly nasty. If I was trading this move up on a day trade, I'd probably take profits and wait for some clarification.
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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