If you are considering a position and might be looking for a pullback, we are approaching SPX resistance at yesterday's close, if there's a pullback it will likely start right in this area.
However, the charts for the SPX look like it will (likely after a consolidation) punch through that resistance.
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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