Until we can get some early indications from the cash market, it looks like Index futures have a negative enough divergence that they'll come down, partly building overnight and partly since the Initial Claims miss this morning...
TF/Russell 2000 futures with a larger relative divegrence overnight and a rounding top looking pattern.
And ES more specifically negative in pre-market at Initial Claims and since...
I'll have opening Indications out ASAP.
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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