I just posted 2 charts, 1 suggesting a pullback-we (my client) are taking some off the table and intend to buy at lower prices as the 5 min chart is still positive suggesting this is what I said last night, early weakness that may fill the gap.
This is also an opportunity to go long, but wait for the crossover system I described this a.m. to give you the signal with RSI > 50 or if you use 3C, just watch for the positive divergence and start buying, but check that the 5-min 3C is still positive first.
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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