DIA-check the volume
QQQ
SPY
All vertical moves up on volume. As I mentioned earlier, the technical traders were expecting the triangle to break down, they went short on it and they just got squeezed. That's the problem with these book smart traders, they are too damn predictable.
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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