It's very hard to try to guess what the F_E_D will do, what the reaction will be, what the ECB will do, what the reaction will be. As I mentioned, there seems to be a lot of fence sitting this week, but the closest thing I can find to confirmation among various assets gives me a thought.
I almost don't want to even print this because it is probably wildly irresponsible and I hope you won't hold it against me, but "If" I HAD TO GUESS, I'd guess there will be an initial knee jerk reaction up followed by a move down, as far as timeframes, I HAVE NO IDEA, maybe today, maybe several days.
AAPL presents several charts that I have found to probably be the closest thing to confirmation among various assets. PLEASE REMEMBER THIS IS A GUESS, KIND OF FOR SPORT LETS SAY.
AAPL 1 min very short term looks positive intraday and over the last couple of days. This is the knee jerk move up.
3 min negative
5 min negative
15 min negative
30 min negative
60 min negative
Maybe it looks something like this.
THIS IS JUST a GUESS
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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