There have been no divergences this morning, just 3C following price. POMO ends in a minute, so we'll see what happens there. You remember my early statement kicking off the week that we need to pay attention to any changes in character of POMO days.
The Dollar did continue down last night and is now trading below this week's open.
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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