Actually I just forgot to mention it, as long term members have seen and as one of our main entry trading tactics, a false break is one of the last things that happens before a reversal.
Take a look at that FAS triangle one more time...
A break below the triangle and on that break, the only real positive divergences in Financials.
Food for thought.
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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