Again, as expected, ES is showing underlying trade suggesting any strength is being sold as ES is now approaching a new leading negative low and is currently at the worst reading of the day, again suggesting that strength in price is being used to sell in to or short in to.
Is interest rates about to start going up?
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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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