3C ES continues to push to new lows on top of the large relative divergence from overnight.
SPY 1 min continues moving in the right direction.
SPY 2 min has made it's move leading lower.
As has the 5 min.
So far we've broken at least 2 if not 3 decent support levels.
The options volume jumped today so it will be interesting to see if this was part of a big burn on OP-EX.
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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