This goes under the heading, "Furthermore".
3C 5 min on ES (Black is market hours) there was a clear 3C negative divergence in E-minis today as you can see in some detail.
The 15 min chart doesn't have as much detail, but also shows a negative divergence during market hours on ES. Wall Street knew where this market was going today long before any stories came out at 3 p.m.-that's distribution in to strength.
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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