It's very interesting, the 2 pm-ish lows got a real boost, a lot of 3 min charts are flying, there's positive momentum in to 5 and 10 min charts as well intraday.
I'd think we'd see early strength in the a.m., it may be worth taking some call profits if we get an early signal that looks like we get another day like today (Pullback with positives).
I have a feeling we'll see 1 more run at support, maybe a head fake break below and a move higher.
That's my take right now.
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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