Skimming through the averages looking for what comes next after the mid-day consolidation in the market, I ran across this chart of the DIA...
Curiously strong.
Is it a fluke? The other charts aren't looking so strong, but not horrible either. The 5 min charts of the SPY, QQQ and IWM are shaping up, something not seen yesterday.
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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