Earlier I mentioned the parabolic move up in JEF and to keep an eye on it f you are interested in the trade (short in the model portfolio), true t form, it lost momentum, tested the highs and failed.
Here's the intraday update.
JEF goes leading negative at intraday resistance.
And longer 5 min chart confirmation. It looks like one last hurray
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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