Well after a lot of downgrades last night, one would think the Euro and thus the rally would be dead in the water, bot so. Apparently there's a shot of hopium going 'round the table on the G20 meeting and "hopefully" it producing some favorable results.
The Euro since 4 pm yesterday with a very parabolic spike.
ES futures started making a move higher about 4 a.m., but I have reason to believe this too shall be faded,
I'll show you in the next post after collecting a few more charts.
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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