As you know, I'm not very trustful of morning trade as it is largely retail traders who set limit orders and went off to work that are being fleeced in the morning hours, but the 1 min 3C chart opening has often been predicative of later action.
3C's 1 min underlying harts have all opened positive except for the DIA, which was one of the worst looking charts last night.
DIA
IWM
QQQ
SPY
I'm not taking action yet, just waiting for the a.m. trade to settle.
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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