Whenever I see a parabolic move, I never trust them, up or down. Parabolic moves tend to end with parabolic moves in the other direction.
Specifically about the DOW-30/DIA...
The Dow over $13k at the red trendline still hasn't brought any volume...
The DIA as well
DIA 5 min
DIA 2 min starting at the bounce.
DIA 1 min shows no support here.
ES is starting to go negative here as well.
It seems small caps have been struggling the most-IWM
The S&P-500 Small Cap Index.
And mid caps...
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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