Finally back and I can change a symbol in 1 second rather then 60.
SPY 1 min
SPY 2 min
SPY 5 min
SPY 15 min
As I mentioned earlier, this looks like an intraday volatility move and not much more.
Prices are coming down a bit and there's a move to the safe haven treasuries, however the 1 min Dow, QQQ and IWM charts are posting positive divergences, I suspect it will be an intraday bounce off the Q's support at yesterday's close.
Now that I can finally change symbols and load templates, let me sniff around a little deeper.
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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