The leading indicators earlier looked like a selling climax was about to take place, thus far it looks as if it has.
The Futures charts for the S&P and NASDAQ are now improving.
ES/S&P futures are starting to see intraday improvement after the downside momentum was halted.
The same is true of the NASDAQ.
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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