As John Hilsenrath wastes time with his question, here's a quick look at the futures.
ES which has been in line since overnight is moving to a deeper negative divergence
The same with NQ
TF is negative, but less ugly.
Volatility futures are seeing a new leg higher in a positive leading divergence.
The opposite of VXX , XIV is seeing a strong leading negative divergence here.
Pretty much there's good short term confirmation of the negative divergence in ES and NQ.
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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