I still like FAZ, 3x short Financials or short XLF, a lot.
I'm just finishing up a post for SQQQ which was a Trade Idea (long) on Friday which is doing well today, but I'll be covering Financials/XLF as soon as I can as the charts are looking very interesting with some of the same very sharp 3C moves seen in SQQQ and SRTY on Friday leading to the SQQQ long trade idea.
Take a look at XLF/Financials short in the mean time.
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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