Since Friday's post on EEE, it quickly made up 5.5%.
I was looking for a breakout above $1.90 to consider looking at the trade more seriously; currently it's right in the area.
Here's the 5/15 min charts.
EEE 5 min
EEE 10 min
EEE 15 min
*PLEASE remember this is a speculative trade. I always prefer to reduce my risk exposure in speculative trades from about 2% of portfolio to 1% of portfolio.
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
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