So far I'm ok with the charts in AAPL and Tech as well, I didn't capture the QQQ charts, but they are along the same lines, it was easier to just grab the NASDAQ futures.
The 5 min NASDAQ Futures chart shows the accrual of the positive divergence there and in the NASDAQ, this is still a 5 min timeframe, it's still in line with a shorter term bounce, it isn't suggesting strength beyond what was talked about in last night's post and thus far today.
AAPL 1 min starting to lead here.
3 min leading, you can see Friday's negative divergence to the left.
The 10 min chart remains in an overall supportive position for a similar move as what we see on the chart from the 2nd through the 3rd/4th.
XLK/Tech 1 min positive and leading positive divergences in to a flat consolidation area.
XLK 3 min from Friday's negative to the positive divergence starting late Friday and growing today.
The XLK 5 min chart, leading positive here
And the 10 min chart looks similar to AAPL's.
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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