We now have the biggest % pullback in ES (since the market opened) since the market closed at 4:00 p.m. yesterday, it's about 2x bigger then the previous biggest and in about half the time.
I mention it because as my proprietary Trend Channel shows, changes in character of a rally are important to note and often lead to changes in the rally.
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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