USO has rallied strongly off the Energy report, breaking all correlations with the stronger $USD. It's a very parabolic rally and it will be interesting to see if it holds, the first sign of a negative divergence has just appeared.
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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