The Index futures intraday (all 3) are turning even more sharply negative intraday, the market averages are negative, although some not quite as negative as the Index Futures, still enough and the $USDX actually looks like it may be putting in the divergence needed to send it higher and the market lower, the Euro already has a sharp negative.
So look for the pullback to begin anytime now in earnest.
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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