Seeing some possible movement as the Euro's uptrend from late morning seems to be heading lower, the tick index also seems to be trending lower. There's a pretty negative divergence 1-min on the QQQQ.
This may be the start of some movement out of the range today.
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
2 comments:
So Brandt,
You said you couldn't remember a time when the 'FED affect' didn't reverse after a couple of days. Well this is day 4 after the FED announcement and we are still at highs. WRONG AGAIN.
You said that equities, commodities trade inversely to the $dollar. Well, guess what again, the $dollar is down strongly against the EUR but gold, silver up through the roof again, and equities are up at highs. WRONG AGAIN.
I can't remember the last time i've come across advice that is so consistently wrong, and you charge for it too! I hate to think how much collectively you've cost us all here that follow your advice/3C.
BTW, still not getting email updates... that's appalling service to add on top of appalling advice.
meant to say $dollar up strongly against the EUR.
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