DIA 1 min
Continued negative divergence in the short term 1 min 3C in the Euro
QQQ 1 min positive divergence-this one looks the best for a possible quick intraday trade up.
SPY 1 min
All in all, I expect the market to remain choppy today. With pressure still on the Euro I don't see any of these divergences as carrying the averages too far. If you are trading intraday, it's going to be a tough market with the choppiness and the OPEX.
Is interest rates about to start going up?
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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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