As I mentioned in my last post, the idea is to get retail confident in the market, get them suckered in and leave them holding the bag. To that end, the CME just lowered, LOWERD margin requirements on the E-minis!
Here's the story
That'll certainly help them get over the $135 hump. If there's one thing you take away from this, it should be that all of this is planned out in advance, Wall Street is working several steps ahead of the crowd, we saw that Monday on the positive divergence when the market was breaking down, they were buying and what has the market done since then? Up, up, up....
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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