This is why I closed 1/3 of the short positions and why I think we may see brief strength and an opportunity to get short again on that strength.
FXE is the ETF for the Euro
1 min is positive
2 min is leading positive
5 min is leading positive
15 min is showing a top still and only in line-this is the most important chart for the bigger picture and it is negative
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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