We are seeing some upside here and there, I would have preferred not have seen price move and just let the 1 min 3C positive divergences build, but that's what we have.
The bottom line is that the faster charts are improving, I'd prefer price stayed flat, but improvement is better than no improvement.
I think we will see more upside tomorrow, but more importantly this move to the upside should last longer, I think we are just getting started, it may be along the lines of a swing trade.
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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