I want to show you the opening trade as well as the current, but especially the opening vs yesterday's
Here is today's 1 min positive divergence around 9:45, you can see it is starting to lead negative a bit, but thus far on the 1 min chart only intraday. Now compare to yesterday's below...
There was a negative 1 min divergence on the 24th that sent the market lower and the 27th we had what really wasn't a very big positive divergence that sent the market higher intraday (keep in mind this is pretty much intraday moves on the 1 min), but look how much smaller today's is then yesterdays. The leading negative component is more visible on this chart. I'm going to check the other averages.
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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