Earlier I posted the start of some intraday positive divergences, I can tell just by looking at price the SPX is making a little base to bounce off of.
And I can confirm it here on the 3C 1 min chart.
It's rare for the market to hold losses that early in the day without throwing in some volatility shakeouts. There may be some opportunities here to short in to some strength. Lets see how it plays out.
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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