Earlier I posted this about the strongest 15 min candle in all of my intraday history going back to May 4th, well the SPY did it again.
A second record 15 min candle and stronger then the first.
A net move of 1.61 points and 1.36% vs the last record move earlier today of 1.40 points and a 1.19% gain! This wreaks of some short covering on that kind of momentum.
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