It looks like a consolidation or a pullback is on its way shortly.
DIA 1 min is just barely out of line
DIA 5 min shows a slight negative divergence.
IWM 1 min shows a negative divergence
IWM 2 mins shows the same
IWM 5 mins is largely in line and suggests t won't (as of now) be too bad of a move down.
QQQ 1 min negative divergence-on the 1 min chart only
SPY 1 min negative divergence
SPY 5 min remains in confirmation.
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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