DIA 1 min neg. on the open
DIA 2 min neg. on the open, starting to lead neg.
DIA 3 min leading neg.
IWM looks really bad here -1 min leading negative
IWM 2 min deep leading neg.
This really looks like it's it for the IWM, if I wanted an IWM short I'd probably be taking it right here.
IWM 3 min
QQQ held up the best recently (yesterday) because of AAPL, the 1 min is starting to fall apart.
2 min has been in neg. position all day yesterday and today.
So has the 3 min
and 5 min, indicating the intraday ramp was sold in to using AAPL to facilitate the move.
SPY 1 min looks horrible, leading negative
SPY 2 min also leading neg.
3 min too.
Remember UVXY's VERY sharp leading positive divergence yesterday, especially in the afternoon, they were stocking up and it looks like volatility will be making a comeback.
UVXY up over 4% so far and still very positive.
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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