It's likely we are close to or at intraday lows, there's usually still some lateral slop, but it looks to me that we may have just hit them including HY Credit.
SPY intraday
QQQ intraday
IWM intraday
IWM since yesterday, typically a bounce will exceed the area where a positive divgerence first started as seen in white on this chart.
And HYG looks like it hit intraday lows as well
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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