All of the averages are showing intraday positive divergences, the TICK just broke out above a trending downward sloping channel, ES and NQ are very positive and the Euro is moving up, $USD down.
Should see some upside intraday, we'll start to get a better feel now that a.m. trade is past and leading indicators are settling in.
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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