The 60 min DUST chart-I like-good potential for DUST.
Today's 5 min chart, I'm not very keen on.
The 1 min chart appears as if the intraday pullback is over.
DUST generally moves the opposite of the market, f yesterday was s short term game changer tactically speaking-NOT strategically, then a market rally would likely send DUST lower until it ends.
Therefore, you may want to consider using any intraday strength today to take partial profits, or perhaps just exit the trade with a nice 8% 2-day profit. Things are very transient right now and I prefer to commit money to sure things, the 5 min chart looking the way it does has me thinking these are not the odds I like to commit money to.
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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