So far it looks like the 1 min charts are starting to see some positive divergences so I think we'll be losing downside momentum and probably move at least to a lateral consolidation, if strength keeps up, then we have a shot for an intraday reversal moving to the upside from here.
Charts to follow...
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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