I have a lot of emails as you can imagine, I'm trying to get to them, several on GDX/miners so I'll update those next, for now, ES....
We saw a nice short squeeze in to the Guardian article, it moved ES up and changed the scaling, but the first area was already leading negative (1 min), now it's a bit worse, actually quite a bit worse. I think on a short term basis I may not have been the only one thinking that story was a quick gift.
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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