In another indication of intraday distribution in to today's move as we have expected, TICK is seeing intraday breadth fall out with price...
TICK failed to make it up to the higher trendline as breadth gives out and more and more stocks tick down, now it has fallen out of the triangle which wasn't even an uptrend channel.
Expect some intraday market downside.
I'm looking at Leading Indicators right now.
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