I'm going to follow up with a more complete picture of financials after this post...
Both FAS (financials long) above and FAZ (financials short) below are both trading in line with the price trend.
XLF is showing a positive 1 min divergence along the lines of the last update 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
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