We should get at least a consolidation/break in the intraday move up in the averages here, if we get a consolidation, it will need to be watched for signs of falling apart or looking like it can move higher.
Most of the averages have seen pretty significant deterioration on this move, but AAPL is still in consolidation mode, the longer it consolidates, the stronger any directional move will be.
I have more assets to check like the risk layout, FX, volatility and treasuries
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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