Last market update I said the intraday/a.m. support from the triangle will likely cause a bounce, I wrote that even as the SPY was just breaking below the support line, but it's all too predictable as it happens again and again day in and day out.
So here's the first bounce off support.
I'm going to look at the market in depth as I did yesterday and see if any of the same of different market anomalies are posting any red flags like yesterday's late day rally did.
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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