Just about 30 mins ago in the ES update I wrote the following,
"ES positive divergence right around the 11 a.m. low then a leading positive. Normally I would suspect a flat-ish range to carry on for at least a few hours, testing the area around the 11 a.m. low, at this point I would expect to see 3C continue to make higher highs (larger positive divergences), NORMALLY."
And ES now...
So far continued positive ES divergences and in a leading positive position as ES tests the 11 a.m. lows and remains, "Flat-ish".
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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