As I explained, the Inverse H&S is too obvious, there has to be some head fake and a failure of the pattern should get technical traders to take the other side of the trade, that would set up a more bullish outcome n my view and the TIK hart's data is right on time...
Uptrend n TICK is broken, we should see an EOD pullback, likely back down through the breakout level, I still remain short term bullish, but the game must be played.
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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