As you can see, Index futures have slid overnight to our gap down, apparently the 30 second soundbite reason is the market's fear or uncertainty regarding a vote or several possible votes that may or may not result in a government shut down early next week (Tuesday), of course it's op-ex as well so who knows.
I'll bring you a complete futures wrap after the open, however right now almost all of the Index Futures have CLEAR 1 min positive divergences in them, suggesting they fade the overnight action with an early upside move.
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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