You have to remember a significant portion of traders will take off risk before the weekend as news events are developing too rapidly. The small upside correction in the averages recently hasn't been met with any significant confirmation, so I'm expecting another leg down at some point today, probably not too far off, we may see a false breakout run for new highs before that happens (intraday).
I'll be out for 45 mins, I have to make a bank run , but I'll be checking my email and I'll have my computer with me.
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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