Volume is exceptionally thin and by this time most traders are off to the Hamptons with the machines running things.
ES has a small positive divergence here after seeing a large leading negative divergence, this move looks like fluff.
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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