ES which has been very reliable, continues to move higher and the DIA and QQQ have seen the 1 min divergence strengthen and migrate to some 2 min charts
Here the DIA 2 min almost perfectly called the bottom with a positive divergence and is leading higher.
ES is also seeing the leading positive move higher from the last update.
QQQ 1 min also almost perfectly called the bottom with short term intraday accumulation running right in to the lows.
The 2 min chart is starting to see some of the 1 min chart strength migrate to the longer timeframe, but still intraday timeframes.
The SPY remains pretty much in line with price.
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
No comments:
Post a Comment