I see a slight intraday 1 min negative in the Yen single currency futures and some consolidation areas in a few of the carry crosses, the most notable is USD/JPY from 9:30 to present with a little "W" so this could cause a intraday bounce which is not to say a normal bounce, just a jiggle or jog upward intraday in the averages.
I don't have any positive divergences on any 1 min timeframes for any of the Index futures or the averages so they themselves don't look to have a signal suggesting an intraday move, I'm just basing this on the Yen alone, it's nothing serious.
I think NYSE intraday TICK data may be your best chance of seeing a change in character if one comes, but that will be pretty fast if it happens, otherwise, there's not much there beyond the Yen 1 min signal.
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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