Opening impressions are -Not all that impressed. We do have a gap higher; if you saw the QE post last night you know I was expecting some more upside, but early indications don't look all that strong, I don't really think it matters too much though at this point, we will likely see a lot of movement before 12:15 and that's where I hope, to find some clues.
ES slight negative divergence in to the open, NQ is similar.
We'll see what opening indications look like in a few minutes.
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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