FAZ, leveraged 3X short on financials, note the date of this 60 min positive divergence-the 28th
On the 30 min chart, again positive at the 28th
The 10 min chart, the 28th
XLF long financials, negative at the 28th
5 min chart negative as well.
The 28th keeps popping up. I have to consider the possibility of what's going on in silver as more then just a shakeout. What if leverage is being unwound? Why the 12% margin hike yesterday in silver when it was already hit hard overnight?
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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