Right now we are above the neckline on the SPY, around the $104.25 area, watch for a pullback, if it holds and moves higher on volume then we will most likely see more upside, if it breaks here back below, especially on volume, then our rally may be cut short, at least for now.
I'll update you later as things develop.
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