That was a good example of underlying action, remember the 3C leading positive 1 min divergences as the market had moved a bit, but not much yet, then the Greek's say there will be no statement, then a statement comes out and the market fulfills those leading positive divergences. That is inside information and Wall Street trading it.
Here are the recent charts.
DIA going negative
IWM going negative
QQQ going negative
SPY going negative
TICK chart negative divergence and ready to break the channel to the downside.
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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