I'm not voiding a market update and have not forgotten about it, it is just there are no strong intraday (note the use of the word "intraday" ) signals that are useful either way right now.
DIA 1 min saw a negative divergence on the opening highs, since then it has been pretty much in line with trade.
The 2 min chart showed the same opening negative divergence, it is in a leading negative position, but hasn't made any interesting moves like a new low on the day.
QQQ 1 min saw the same negative opening divergence and is trading with a negative bias in not confirming price action.
The 2 min chart is in line.
SPY 1 min is in line with trade.
The 2 min is in a leading negative position, but again, no interesting moves suggesting an edge to a trade at the moment.
AAPL is a little more interesting, that is coming next.
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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