So far other than all of the intraday timeframes in AAPL being negative when they should be confirming, HYG which has been an effective ramp lever is going negative, VXX is going more positive and not making the lows it should vs the SPX. The SPY hasn't been able to confirm past 1 min charts, the DIA hasn't been able to confirm at all, nor has the QQQ, in fact it's moving to further distribution which is one of the reasons for the AAPL move while there was momentum, the IWM is also far from confirmation in negative position and futures intraday are going negative. The TICK is also no where near where it should be.
I'll bring you more specific updates.
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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