FAS (3x Financial Bull ETF) was mentioned as a trade yesterday and last Friday, this morning FAS is up 1.8% and off to a good looking start.
FAS is more than confirming, it is still in a leading positive divergence even with the gap up this morning.
The Trend Channel has held decent swing moves in FAS before, if you want to consider that for a stop, the $110 level would be the current stop, but this will move up by the hour, feel free to email me for current stops
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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