I want to check the 3C charts and underlying activity of the risk assets in the layout, but there are a couple of strange/unique signals here too. Credit is a LARGE market, as such any quick adjustments that need to be made in credit are likely going to show up in price as they don't have the time to quietly accumulate, there's at least 1 quick change in High Yield Credit which is one of the first choices among the different credit instruments for a risk on move.
This is one of the reasons I decided to pull the plug on AAPL, not because of AAPL's charts, but because of the high degree of market correlation right now. AAPL's 1-3 min charts are also showing a rather fast change in character, if it were just the AAPL charts alone I wouldn't have touched the position, it's putting all of the pieces together that the AAPL 1-3 min charts give me pause.
Charts are uploading
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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