Finally, we see a change in character follow through from last Friday, it may not have seemed like much, but the market internals give it away. Take a look at the short positions. The longs, especially the ones working like BEE, RNN, ACAD,CIGX, etc should be switched over to my trend channel, if you need the stops, email me.
Uncertainty has been reintroduced into the market in a big way and the dollar was proof positive of that, now for the market to catch up on the downside.
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
No comments:
Post a Comment