DIA 1 min with a recent positive divergence
2 min in line
5 min with a recent positive divergence. As I mentioned earlier, the market rarely holds losses like this this early in the day, the HFTs need to make money by creating movement.
DIA 15 min has been leading negative, it is posting a new leading low today
QQQ 1 min mostly in line
The 5 min shows the same positive divergence as the Dow.
Longer term trend, the Q's are very leading negative
SPY 1 min in line
The 2 min mostly in line, but it should move with the market.
Longer term 15 min leading at a new negative low
Here's the intraday divergence in ES, one guess what its target may be?
After 3 pm it could get interesting, margin calls will roll out around that time.
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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