You may recall earlier I had one chart that bothered me as it looked like it had seen intraday accumulation in a flat area with positive divergences, that was the IWM and it has made its move. The intraday divergences that were solidly positive earlier are breaking up a bit, some positive, some falling off.
1 min is a little better than in line
2 min is starting to falter
3 min is still leading, we'll see if there's enough time for the 2 min to migrate to the 3 min chart and weaken it.
The 5 min thus far is about neutral, but it definitely could lean negative if we have enough time.
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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