ES and NQ updated and the Yen looks to have hit a low, perhaps to reverse, but that's too early to say.
At this capture only a couple of minutes ago ES was 3 points from taking out the overnight low, the entire night of melt-up within 3 points of being taken out in 45 mins., now ES has moved within less than 2 points of the overnight low.
NQ was just above the overnight low, it has now taken that level out.
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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