For most traders they are just seeing price, moving averages, MACD, etc and looking for this to turn down, few are seeing stuff like this, ES is leading positive now as well.
This is increasing the probabilities of a breakout move from resistance, such a move should lead to another short squeeze.
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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