It has been a pretty dull day today, I think about a half point is the best the market could do and it's losing that. The $USD/JPY had a small intraday bounce that may have been helpful intraday, but that's in a full negative divergence now as well and looking about to roll over.
I have received word that max pain as of now for the SPX is $1900 for op-ex tomorrow, that is usually updated after the close.
As for the charts, DIA went negative too.
DIA 1 min leading negative intraday. It's pretty hard to sustain a move when you can't even get confirmation on a 1 min intraday chart.
The 2 min is even worse as you might expect.
QQQ 1 min leading negative, if this closes this way, it should pick up where it left off tomorrow morning with negative early action.
And migration already on the 2 min
SPY 1 min is one of the worst looking, no confirmation at all.
And the 2 min chart.
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