Obviously there's a lot more to the market than just index futures or the averages, especially when it's so weak it needs multiple levers to push it up and still can't get a decent close on the NDX. Thus we have to look at more than just index futures to come up with a composite picture, but they were somewhat striking in to the close, although not particularly a chart (12 min) I favor overnight, I do wonder what the 5 min charts will look like in the morning, especially with the ECB tomorrow morning.
ES/SPX futures leading negative since about 3 p.m.
NQ/NASDAQ 100 futures leading negative
TF/Russell 2000 futures leading negative
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