On this current intraday move up both the SPX and NDX futures are still negative as well as the EUR/USD.
As for the averages, the Q's have the best 3C underlying trade in my opinion. The 3C IWM chart is lagging price, the intraday charts of the DIA are close to in line with price action, at 5 mins they turn negative.
The SPY by far looks the worst in underlying trade, leading negative in many charts on this move. Even momentum charts are negative.
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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