That's what I get form the long term implications of mideast instability, I've set many alerts in the past few minutes, but one I wanted to bring you now is AREX (long). Take a look at the charts..
This is teetering on a breakout, at $33.15 I'd consider it a breakout.
The 15 min chart showed a nice positive divergence before this move up, so it looks solid longer/intermediate term.
The 1 min shows a false move, but I think it could just be a shakeout, so watch AREX for a move above $33.15, you can check back with me if you like for the short term 3C charts, I have it on an alert as well so I'll bring it to you should it break out, some of you may chose to take a shot at it now and that's why I bring it to you now.
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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