It looks like we'll see some downside or consolidation laterally as some short term negative divergences are showing up in the averages.
DIA 1 min
QQQ 1 min
SPY 1 min.
XLF 1 min. This is one of the new 3C versions I mentioned. I'll be testing it this week, but I did confirm the finding's with XLF's usual 3C version. This is a broader view in 3C, less detailed, but I think useful in extracting some noise. If it tests well, I'll be glad to share it with members using 3C.
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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