Here are the 5 min charts, which are a bit more important then the 1 min charts. Yesterday they didn't start to develop until very later in the day, now they are developing at an accelerated pace.
DIA 5 min 3C-a huge uptick into the Philly Fed sell-off-currently in a leading positive position.
QQQ 5 min, positive yesterday near the lows , but a dramatic change on the Philly Fed sell-off-also leading positive position.
SPY 5 min 3C-A positive divergence at the lows yesterday and again this morning like all the others.
XLF-Financials 5 min 3C-Has been on a pretty solid and steady trajectory since yesterday.
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