I'll get some charts up ASAP, but the intraday (mostly 1-3 min) charts in the major averages are deeply leading negative, I still think they have to finish up a broader reversal process, but there's some very clear additional damage done today which is also seen in Index futures.
I wouldn't be surprised to see them lose ground in to the close.
Charts coming.
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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