EPV UltraShort Europe 15 min leading positive divergence. This is one of the interesting ones, it's almost as if it is setting up a completely new cycle for a move up, Europe MSCI down.
ERY Energy Bear 3x this 1 min chart is positive and leading, this is what I would expect looking at the averages.
ERY 5 min positive leading
FAZ, another leading 15 min chart, again as if the cycle that just set up for a move down in the markets on Friday is resetting.
SDOW Short Dow-30 1 min leading positive.
Strangely though, there's a 10 min leading positive, again as if it is resetting.
SPXU 1 min leading positive-Short the S&P-500
And once again on the 15 min chart, a leading positive divergence.
SQQQ Short the NASDAQ 100 1 min leading positive, which I would expect.
SQQ 5 min also leading positive.
SRTY 1 min leading positive, it seems that today's move up has been under distribution as the charts of the averages suggested.
SRTY positive 5 min divergence.
TYP-Technology Bear 3x- long 1 min positive and leading positive divergence.
TZA 5 min leading positive divergence.
What is really strange is to see the 15 min charts almost resetting, I wouldn't think we have enough time to complete that kind of downside. Of course there are a lot of undercurrents from Europe-good and bad news and the FOMC tomorrow.
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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