Like most of the market, ES is showing the same intraday positive divergence....
The SPY even gave a little tell.
See the little shakeout in the red box, that's pretty common on all timeframes, a small head fake before the move.
You might even consider using an Ultralong Market ETF to play the bounce, but I would not hold it through the close, I would close it out before 4 p.m.
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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