After I get gold out I'll take a closer look at the market, but basically the same theme continues, the Q's and IWM are leading the way toward a bounce, the Q's have positives from 1-3 min intraday charts, 45 min is neutral, after that is negative.
The IWM which I would think would look better is positive 1-2 min charts and just barely 3 min.
The SPY and DIA are late to the party and trying, but very sloppy.
This looks like a dog shaking the water off itself before carrying on.
I'll have to make some decisions on volatility trades.
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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