For all of my Index traders, here's your fix-Please be careful trading these as they are the most manipulated of the ETFs, which up until now has been good, but recognize when the party is over-usually when they start serving coffee and I smell the beans grinding.
DIA 5 min.
IWM 1 min-the most manipulated of the averages IMO.
QQQQ 5 min.
SPY 1 min.
SPY 5 min.
There isn't a big POMO today so I doubt it will be of much consequence.
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
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