I know a lot of you are looking to fade the move in USO or take profits.
We didn't quite test the high, but there's also been no improvement. As for those who want to fade the move, I think the risk at this particular area is pretty minimal as a stop can be set a fraction of a percent higher then today's highs. TSV is also moving down and is now in the negative.
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
No comments:
Post a Comment