I've been watching this divergence in ES develop, it is a positive divergence intraday, but within a non-confirmation or slightly negative position. It could be used as a head fake move up and then a pullback or it could be what I just mentioned. In any case, the market might get interesting momentarily.
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
No comments:
Post a Comment