Yesterday I mentioned some Bullish looking 3C charts of BAC, then BAC fell. It looks like BAC may have been head faked as it hit with a lot of volume upon breaking intraday support which it was just hovering over. I've set alert for it this a.m. every $.05 and they keep triggering, it's slowly moving back up.
Keep an eye on XLF as well.
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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