I'm listening to the President, I'm not sure what if anything interesting he said at 2 p.m., but the TICK chart and volume in several averages was interesting, this was 1100+ more stocks moving up that minute than moving down, it's a pretty healthy TICK reading.
With this candle I'd expect the TICK reading to be quite low, a bearish candle, instead at exactly 2 pm it was one of the highest TICK readings in almost 2 days. DIA
The Dow 30 at the same time
the SPY at the exact same time
And the actual TICK at +1134
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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