ES as well as CONTEXT are both looking like a reversal is in the cards intraday. Most of the intraday 3C charts for the major averages are also failing to lend support/confirmation to this move.
 ES is seeing the first serious looking negative intraday 1 min divergence.
While CONTEXT below shows virtually this entire move up not supported at all by the model.
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.
6 years ago



No comments:
Post a Comment