The 3 averages that have the most obvious, clear ranges are testing the lower end of the range and seeing some positive divergences in the area, the DIA, QQQ and SPY.
DIA near the lower range
DIA 1 min
And the 10 min I showed earlier.
QQQ just breaking under the range
QQQ 1 min
QQQ 10 min
SPY finding support at the range lows
SPY 1 min
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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