We may be getting a little ahead of ourselves (if we are the market) and a bit frothy.
However we still have some decently strong chart, I'm guessing this is an intraday pullback or consolidation..
ES intraday negative
DIA though still leading positive as earlier today
The QQQ looks more positive than price thus far (intraday).
The IWM is in line on the 5 min as the divergence did trigger.
However the intraday 1 min is in a slight negative position.
The SPY is also in a negative position like ES.
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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