I've posted a lot recently on IPGP and I know some are already in the trade. This a.m. thus far it is moving pretty well.
Here's the top pattern
There may be some support in the area around the red trendline, shorting in to some strength and maybe phasing in to the trade or adding to it on some strength might not be the worst idea.
Here's the overall larger trend, the recent bounce didn't even show up here on the 60 min
IT was negative on the 30-
Thus far in line on the 5 and 1 min below
Again, I'd prefer not to chase these, but let them come to you. The Trend Channel stop is around $56.75
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