Here are the positive divergences just mentioned in the last post.
DIA 1 min intraday is leading at the gap fill.
ES 1 min never went negative and is in leading positive position.
NASDAQ futures first put in a relative positive divergence and now a leading positive divergence
QQQ 1 min from Friday's 1 min negative to a 1 min positive this morning.
This shows Friday's positive around noon, the late day negative and another positive migrating from the 1 min to the 2 min chart, thus strengthening.
And AAPL which started with a 1 min positive that halted the downside and started a consolidation which is a triangle, interpreted by technical traders as a consolidation/continuation/bearish triangle, would likely see a move below the triangle before any upside reversal, but the divergence has migrated from an intraday consolidation timeframe to a longer 3 min leading positive divergence.
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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