The move out of the NQ congestion around 11 am with ES and TF, is actually showing worse negative divegrences, not confirming. However the more interesting part is VIX FUTURES have flattened out and are leading positive, it looks like a switch-a-roo.
If I get a bit more on confirmation, I may add the final 1/3rd to yesterday's Fade position (IWM puts).
charts coming
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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