These are all the same timeframe, the 3 major ones used to move the SPY are credit (HYG), Treasuries (TLT) and Volatility (VXX). We already saw volatility...
HYG with a negative divergence since yesterday, leading negative today and price wasn't too far behind.
TLT-the Flight to Safety seems to be seeing just that, it went negative where it should have, it confirmed as it should have and now it's leading positive, not good for the market.
And the SPY on the same timeframe. leading negative. If I didn't already have QQQ Puts, I'd definitely consider SPY or IWM
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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