I guess we can't be too surprised at the intraday luck of market movement considering events.
The 1 min intraday charts for the most part are still positive, but beyond that, barely anything is moving.
SPY 1 min intraday still positive, but not much beyond.
ES 1 min intraday still positive, again not much beyond other than the 10 min chart which is part of the larger divergence we had before or going in to yesterday.
IO'm going to check leading indicators, but it seems this market weirdness is putting a lot of traders on the sidelines understandably.
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
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