There was already a 50% normal size long position in MCP because of the base-like formation, I see something I like here, although not quite the head fake moveI'd like to see, I would be willing to bring MCP up to 2/3rd normal size position, perhaps this additional position becomes a trading lot that is used to trade around if it looks like a better price may come after a pop, or perhaps it will stay, but I like what I see as it has pulled back.
Charts coming.
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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