I'd say, big nasty gap it is...
Check out the last 30 mins or so in the IWM
The IWM 5 min is already looking strong
The rate that the upside leading positive divergence took off at near the EOD is pretty amazing, that's one of the more vertical leading positive divergences I have seen.
The IWM was also the only average to really start to move at the end of day, just about challenging the early highs when it already posted a 1.37% gain on the day. If you look back during the rally around Jan. of Feb. it could take a week to get a 1.4% return. That's volatility picking up.
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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