Here's Faz charts:
1 minute
5 min
10 min
Just turning the 15 min.
The daily chart is a recognizable pattern, those who have been here for a few months know that 85% of the time Black box systems head fake these types of patterns. Whether this is a head fake depends on whether those divergences/accumulation move us up above the break out level around $12.75
If there's accumulation in FAZ, we'd expect to see distribution in the XLF Charts
1 min
5 min
10m min.
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
2 comments:
Yes me too. I have FAZ too!!! Which is why a lot of people are worried about this SHORT thing Brandt has been telling us to accumulate.
Bank stocks rose after a report by the Wall Street Journal that the Federal Reserve will allow "healthy" banks to increase their dividends.
Stop shorting!!!!!!!!!!!!!!!
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