With everyone looking for something in this dull market, I'm sure this SPY triangle is visible.
This would normally be taken as a downside continuation consolidation, but being it's so obvious, I'd watch for an upside breakout first as a likely head fake.
On the hourly "Demark" inspired indicator I created, we have our second sell signal in quite a while.
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
No comments:
Post a Comment