The possible bounce I mentioned earlier primarily based on the Q's not breaking yesterday's intraday lows, seems to be losing momentum.
DIA starting to go negative
QQQ going negative.
The SPY is still inline and financials look a bit stronger then the rest so they may have some additional room, but I still view it as an intraday event.
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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