Remember that parabolic move up I said I didn't care for in XLF.?
The last update 3C was moving up sharply with XLF moving up parabolically, now we have a sharp downside 3C move, which may be the start of something bigger, FXE/the Euro is not holding up well.
XLF 2 min 3C looking a bit toppy here.
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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