While I personally would not try to fade the overnight ECB ramp move, I do believe we'll still pullback and perhaps early as we do have negative intraday divergences in all 3 major Index Future contracts.
Here's ES...
ES negative divegrence.
I also wouldn't chase price, but we all know that.
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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