The 1 minute is already in a leading negative divegrence, it hasn't moved to the 3 min chart yet, but there's no confirmation on the 5 min which is the first timeframe or earliest in which intraday institutional activity can be observed. In other words, however Z settles, this looks like a parabolic knee jerk reaction and both are very unstable events.
Intraday the 1 min is leading negative, this just started several minutes ago.
The 5 min chart "could" have confirmed with a 3C higher high with price, it hasn't.
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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