We have our first negative divergence, I guess this is what we were seeing late yesterday, as small as it was, I suppose it was just getting started. In any case, we have the negative divergence now so I'm expecting some sideways or reversal activity.
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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