The move up, above Friday's SPT highs, why? Because the SPY 1 and now 2 min are positive, 1 min can be consolidation only as we have seen much of today, but add the 2 min and it's almost always a move.
Add to that QQQ 1, 2, and 3 min and IWM 1 and 2 min, the DIA is less of an issue.
Both ES and NQ futures are also moving to their strongest point of the day, still not very impressive, but a change.
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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