The 5 min charts continue to be constructive even with the market falling. There are now some 1 min positive divergences suggesting we may about to see the start of a move up.
DIA 5 min positive
IWM 5 min positive
IWM 1 min just going positive.
QQQ 5 min positive.
QQQ 1 min leading positive divergence.
SPY 1 min positive divergence
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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