SPX futures 1 min negative all day
5 min SPX negative-leading
SPY 3 min longer term trend
3 min close up-remember where this went south when you look at the tick chart below.
SPY 5 min in a relative and leading negative.
The TICK could have easily made new highs with the SPY, +1250 or even +1500 is seen or use to be seen frequently. Toward the last hour lots of testing of the sub-zero levels.
What is also interesting is the VIX/VXX/UVXY have held up much better than they normally would on a day like today.
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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