I'll post charts so you can see what' happening, the SPY though is seeing some initial negative divergences in the 1-2 min range, 3 is in line.
The DIA is pretty much in line intraday, but longer term it still has trouble and the pull of gravity.
The QQQ is putting in the start of a negative divergence across 1-3 min intraday timeframes, and of course the longer is there.
The IWM is mostly in line, it is lagging a little on a few charts.
The ES chart is in a non-confirmation position/negative and NQ has a negative divergence starting.
I'll get charts out so you get a feel.
Is interest rates about to start going up?
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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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