Usually it's the 5 min 50-bar that a lot of traders who watch the market intraday are looking at and I wouldn't be surprised at all if the 5 min version came in to play, but I did notice the 15 min version has been influential as well.
The 15/50 close up, AMZN is seeing support there now...
A longer history of the same average/timeframe.
The 1 min chart doesn't seem quite done yet with this consolidation.
The SPY went from 1 min positive which turned it up to in line right now.
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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