Nice, just before the Yellen announcement or maybe it's the Minutes from the last F_O_M_C meeting, I haven't had a chance to read them yet, either way we are getting signals for an intraday pullback which I think is good, it gives a lot of assets the chance to create a bigger reversal footprint and to add to positive divergences as they typically don't accumulate higher prices.
In addition, this will give me some time I need to get some analysis done as well as potential positions to enter before the close.
I'll just use the 1 min intraday futures to show the pullback divergences.
ES/SPX futures 1 min
NQ/NASDAQ 100 futures 1 min
TF R2K Futures 1 min
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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