The nasdaq is beginning to consistently demonstrate reluctance to lead the market...this has been exacterbated today and if it does not change will likely lead to significant divergences that will likely turn the market trend.
Check out this chart of QID.
Wednesday: FOMC Meeting
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Wednesday:
• At 7:00 AM ET, The Mortgage Banker...
1 hour ago