For those of you who may have traded XING recently, I thought you might find this chart interesting.
A big move like what we saw in XING often sees quick profit taking, I myself advocate taking profits on a big move like we saw in XING which was around 55%. right now the 5 min chart is showing some accumulation so we may see some more upside here soon.
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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