DIA 1 min -early confirmation, some signs of distribution.
The IWM DID not confirm the gap up
The QQQ had early confirmation, but is showing a bit of a 1 min negative divergence now.
The SPY is still in short term confirmation.
I'm leaning toward adding to some of my shorts cautiously with a tight stop, although these negative divergences are pretty new as it is still early.
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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