I'm not sure if I posted on this rising wedge or not yesterday, but I was expecting a breakout of the wedge to the $175 area or so, and then a failure.
GLD's rising wedge, with a 1 min negative divergence. Didn't quite make $175, but close.
The 2 min 3C chart
And the 15 min 3C chart, DZZ is looking pretty good right here.
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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