The short term charts are very difficult to get any read from as they are almost perfectly in line with trade, it's the intermediate term charts that seem to be providing support.
DIA 1 min inline
DIA 5 min inline
DIA 30 min leading positive
IWM 2 min inline
IWM 15 min leading positive
QQQ 1 min in line
QQQ 15 min leading positive
SPY 1 min not even in line
SPY 5 min in line
SPY 10 min 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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