That has happened several times this week, when there have been no strong signals or contradictions, ES has been the deciding factor. About 30 mins. ago I posted the ES negative divergence in to a slightly rising market.
The divergence seems to have stopped ES in its tracks and reversed it, the divergence is now leading negative even deeper.
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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