Here's part of the chain...
$120 seems to be the pin, this makes sense with the amount of accumulation we saw on this move, so we are probably going to be wrapping up positions tomorrow and getting ready to reposition.
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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