I'm back and the SPY has continued laterally since the last update, the positive divergence continues to build suggesting a bigger move to the upside, the longer it builds in a lateral environment, the bigger the eventual upside move will be. I'm still expecting a move above the apex of the triangle.
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
No comments:
Post a Comment