This morning there was a brief breach above the trendline, look at the volume when price dropped below the trendline. This trendline is being taken very seriously.
We also have a 1 min positive divergence on that high volume break below.
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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