So far so good.
3C is positive through the day and at the highs, which look like they just hit some intraday resistance. The important thing is 3C didn't put in a negative divergence on this last run up and consolidation, it remains in line.
The Q's are now leading positive for the day, again in the white box there's no negative divergence, so the backing and filling is in line with 3C.
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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