There's some intraday positive divergences in the market, I saw them while I was writing the last post and was glad to see them. For instance, ES.
ES 1 min intraday positive divergence.
In addition, NQ is positive, the SPY, the DIA and almost the QQQ.
Why am I glad to see it?
This is the reason if you recall the earlier IWM trade set up I'd like to see and...
The IWM alone wasn't going to do it as it has no positive.
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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