This is a very strange looking market this morning, other than the VIX and HY Credit (HYG) the TICK on such a parabolic move...
SPY was very parabolic- 15 min chart...
The QQQ looks like it's about to fail in similar fashion
And I had to check if any markets were broken as this strange series of candles looks very unnatural.
As for Tick...
Again the trend opposite the market and so low, barely crossing +750, most under +500 to -500 is very strange.
In addition to the above, this is non-confirmation of the open.
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