Since they were in the SPY, I had to check the other averages to see if there was any sort of confirmation, all of them confirmed to various degrees.
DIA intraday today and confirming 1, 5, 10 and 15 min charts as well.
DIA 3C 1 min leading negative, also in a flat range.
IWM 1 min MS leading negative, confirming all timeframes from 1 through 15 mins.
IWM 3C 1 min already in a leading negative position, also leading negative intraday.
QQQ, I include a bit history because MS usually follows price on intraday charts, a clear leading negative today and from 1-30 (1, 5, 10, 15, 30).
QQQ 3C.
Never seen that, there's also negative in some industry groups I looked at, Tech, Financials...
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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