There is a small intraday positive divegrence, it can only be seen in a few places, the TF / Russell 2000 futures 1 min chart shows it the best. The SPY shows it a little, but the QQQ, IWM and DIA have no hint. VXX has no hint, but UVXY has a small hint of it. This may be R2K specific, it may be noise, but the TF chart alone (even as the only source) looks clear enough to mention it, that does not change the next post which is looking at the more important developments.
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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