Here's what futures are looking like...
ES did put in a small positive divergence around 6:30 and is in a larger relative negative intraday.
NASDAQ futres slid most of the night until about 5:45 a.m., there was no positive divergence at the reversal to the upside and it is currently leading negative.
R2K futures dripped lower overnight to see a small positive divergence around 6:30 a.m. and are currently in line.
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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