The Australian dollar is often a leading indicator for the market, if we consider today's move, then perhaps they will go for the DIA/SPY breakout.
FXA breaking out to a new regional high. We've used FXA at least 4 or 5 times in the past successfully as a leading indicator for the market.
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