At this point most of the averages are looking pretty negative on a lot of timeframes which is what I wanted to see today, although I'd rather price stayed up longer.
Both VXX and UVXY are seeing positive intraday divergences so I suspect we are getting at least an intraday pullback -as I said the averages are already and have been negative.
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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