This suggests the afternoon fade we have seen recently.
The mid term intraday charts like 2, 3, 5 and even some 15 min timeframes, have not been supportive of this move at all, thus it looks very hollow and the market closer to the next closest thing to a short term trend, the pullback.
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.
6 years ago


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