All of the averages as well as ES and NQ (S&P and NASDAQ Futures) -NASDAQ futures to a lesser extent- are all showing pretty stiff intraday negative divergences. We should see some intraday downside.
I was just finishing a post talking about this and expectations so be sure to see that which should be out 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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