I'd like to compare Tech, Financials and Energy for you as well as sector rotation, but I want to get this out quickly, I'll add the others after.
Tech 1 min, it ha been in line since yesterday mostly, look at the leading positive divergence, where did it start? The same place as AAPL's dip below yesterday' support and recovery.
Tech 2 min -same divergence, same place
the 5 min has been holding up, not confirming the downside move in Tech
Again, the important chart, the 15 minute, leading positive.
You know I've been looking for the Tech rotation, this is probably the last best chance for that to occur.
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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