ES is not holding up well, it's negative, NQ is in line, but looking at the QQQ more specifically I can see a lot of areas of increased deterioration.
I think the exit for AAPL was timed perfectly, with it just sitting there right now.
The divergences in leading indicators and CONTEXT are really something. The only bit of backing I see in the market in the afternoon trade was the EUR/USD moving up for a bit and supporting the SPY, lifting it in to the green
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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