It started with the ES and NQ futures 1 min chart, then the move in QE sensitive assets, gold and $USD, now we have intraday positives in the SPY, IWM and QQQ.
The MSI looks to have lost some momentum so if you wanted an intraday trade, I think a knee jerk move on the upside would be it, but that' even too risky for me.
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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