The Market Index Futures, ES, NQ and TF all came down pre-market as the divergence was showing, TF is showing some possible signs of an early positive divergence forming while ES remains in line and NQ is still negatively divergence.
3C for ES is in line with price action.
3C for NQ is still leading negative, you can see NQ has dropped since my last post.
TF is still in a leading negative position, but has the start of what could form a positive divergence, like I said, these are intraday and will move around like the market intraday.
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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