I've been looking at some charts for members and in general and noticed they look very choppy on the short term timeframes, so here's a quick look at the SPY this am
Note the very small divergences this a.m., looks a lot like a consolidation, the question is whether the current area in yellow is going to lead?
There's no damage on the 2 min just confirmation of the consolidation.
The 3 min is leading positive.
Since capturing these I see there's a break out, I'm going to recheck.
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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