In the QQQ and IWM (not so much the SPY or DIA) there are 1-3 min positive divergences (intraday) which may be part of an op-ex pin so we may see a move higher intraday, but at 5 mins the charts for the most part fall off a cliff. If you try to day trade this, be VERY careful, it is in my opinion like,
Picking up spare change in front of a steamroller
Charts coming.
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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