Does someone know if James Bullard came out within the last hour? The reason being, Intraday index futures are showing extremely negative trade. I would not overreact as this is still a process that needs to migrate to longer charts but something is very different than earlier today is at work.
The index futures...
ES 1 min into the clothes and just after. The earlier negative divergence at the red arrow made sense ,this is rather extreme.
The same goes for NQ/NASDAQ futures
And TF/Russell 2000 futures
I know I said I didn't think this market would be able to hold a head fake move for very long but this would be uncharacteristically short.
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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