As I showed in some market updates and the VXX update, I expect there to be some nervousness/selling running up to the Fed announcement, for example...
This white arrow shows a loss of 85 points in the Dow-30.
And here is the positive divergence in the VXX I showed earlier, suggesting we'd see such behavior.
However, the bigger intrady picture also shows some interesting charts...
QQQ 10 min
SPY 10 min-both leading positive.
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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