This is just 1 measure of the market, but this is EXACTLY what told us the SPY arb and market forces were moving bullish yesterday 45 minutes before we say a real move. Right now, these exact same indicators that gave warning yesterday are reversing giving warning today, they are bearish in their signals. I'll have them up shortly.
The 5 min ongoing negative Index futures could not have helped, that may in fact be why these are rolling over.
Charts coming as well as XLK/TECS
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
No comments:
Post a Comment