Intraday negative 3C divergences are getting a lot more serious and considering the momentum stall and the potential for key 1-day reversals, I think that's pretty important.
Quickly a few examples in the SPY, QQQ and IWM...
SPY 3 min
QQQ 3 min
IWM which is the only one that had a stronger intraday positive yesterday, seen around mid-day yesterday (12:00) is also getting more serious.
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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