I've been in MCP with many of you (long), it's down about -2.5% which is fine, it's the process it has been undergoing and it looks better and better with each passing day. Liking MCP (long) the way I do, I'd be VERY uncomfortable if I didn't have a position in place already.
MCP 60 min
30 min
Closer to home, 3 min.
There are numerous timeframes in between that look just as good, it's the short term timeframes aligning that make MCP look like it's very close to making a strong move up.
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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