Take a look at this...
ES is wedging pretty severely. If this were the SPX, I'd say, 'watch for a false upside breakout and a move down", but I haven't seen this too many times in ES and am not sure ES will react the same way that stocks act. One thing looks pretty certain though, a strong directional move should come out of this.
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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