The market s looking like some heavy distribution is taking place and in the same area is was seen the last few days.
DIA leading negative
IWM leading negative
IWM 2 min leading negative
QQQ 2 min leading negative
SPY 1 min leading negative
SPY 2 min leading negative
The NYSE TICK chart has also had a change in character today.
This looks like a distribution zone.
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