DIA breaking even the 30 min chart with positive RSI/MACD
DIA 1 min confirmation
DIA 5 min confirmation
However volume is troubling for a breakout
QQQ 1 min non-confirmation
QQQ 10 min non-confirmation
Lack of volume
SPY 1 min confirmation
small 5 min neg. divergence
SPY breakout, no volume...
This Inverse H&S is too obvious, thus my earlier warning of a head fake, perhaps the pattern will show a failure as a head fake, but volume should pick up and it's not, thus until it does, I'd still be on the lookout for some Wall Street game.
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