ES (S&P E-Mini futures) are trading at a noticeable discount compared to the S&P-500 as well as making lower highs, lower lows. ES traded below the 9:30 open well before the S&P
SP-500 trading below the 9:30 open
It seems ES is leading the S&P as would usually be the case.
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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