Now both ES and NQ have lost the pre-jobs level, the QQQ is below yesterday's close, the SPY
is finding some temporary support right at yesterday's close.
ES gave up all the jobs gains and then some
So have the NASDAQ futures
As strong as the Yen was overnight, the $USD's strength this morning is playing counter-balance and we are in the twighlight-zone known as the market when good news is bad.
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
No comments:
Post a Comment