As mentioned last night in "The Week Ahead",
"we do still have at least 1 decent unfilled gap and this market has been very diligent about filling gaps."
and...
"the morning gap has been where the market movement and volatility and even trend have been."
Here re the SPY gaps noted last night,
The S&P gaps filled on the open...
The DIA filled one, there's one left open.
The Q's had already filled their gap last week...
The IWM/Russell 200 gaps filled.
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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