So far no smoking guns, but intraday morning action looks like it will pullback.
SPY 1 min intraday going negative, just intraday. Most other charts around 2-3 mins. are in line as was the 7 min ES chart, at a neutral area waiting for a move that I think makes sense with Thursday's triangle based forecast, IMPORTANT: AAPL Set-up & Market Movement
This morning's TICK data in a channel which it is falling out of now right in line with the intraday 3C divergence above.
However, even though I think there may need to be some F_E_D or other dovish based catalyst, the IMPORTANT: AAPL Set-up & Market Movement forecast/theory, looks strong.
All based on the triangles in the market/AAPL. This was what I was posting in IMPORTANT: AAPL Set-up & Market Movement for a near term forecast if you haven't seen it already.
Other than that, no big signals or signs yet , at least not beyond what was already presented in IMPORTANT: AAPL Set-up & Market Movement Thursday
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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