Think about shorts you might like to get your toes wet in, use strength to do that.
QQQ 1 min positive
SPY 1 min positive
These have been trending down for a bit, it's natural to see a countertrend move. Also be aware that the market will usually look to sow some seeds of doubt concerning a move down and many traders are anxious to buy that line so if we see a decent move up today, tomorrow, or the next day, don't jump to conclusions. Wall Street wants to keep you guessing.
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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