No doubt because of that Euro move, ES is putting in an intraday positive divergence, it won't matter if the op-ex pin is set, but here's the start of the signal. I'll add when looking at CONTEXT, our risk asset layout and how the Euro has been behaving as well as the trends in 3C, the market looks like it will put in a big move, apparently op ex is not going to help facilitate that move, but there's more confirmation on more indicators and bigger signals than we have seen throughout this entire top.
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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