As mentioned before, an Index futures divergence right now won't mean squat in the morning, it will mean something to futures traders probably over the next few hours, but not like an equity divergence, those mean something the next day, however I wanted to point out how strong this ES (SPX E-mini futures) intraday 1 min positive is.
Perhaps for the closing ramp? Perhaps a reflection of what's going on in the regular market for tomorrow a.m. at least.
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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