For now I'm sticking with 1 min charts and some of the major groups, I first saw some changes in the QQQ and AAPL, now there are more. There's also a bullish change in the Euro which is gaining ground.
AAPL 1 min, I wanted to wait until there was a signal that was stronger than ambiguous, this leading positive is especially after having run stops
The IWM 1 min was following price down, this is a significant change.
QQQ 1 min leading strongly.
SPY was following price (confirmation), it's now leading.
Energy went from following to leading
Financials have looked a bit better all morning
Tech went from following to leading
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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