While most averages look like they are losing intraday momentum and seeing negative divergences of varying sizes and timeframes (but the theme is more negative) and looking very much like they may become range bound, the Q's is not among them. The Q's are looking like they are going to take off to the upside intraday shortly, they do have some catch up to do. We'll keep an eye on this, I'm going to check a few other indications and maybe get some charts up.
Keep an eye on AAPL of course.
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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