Unless I missed some late day news, that ramp wasn't supported by anything, but it does leave a sentiment after taste in your mouth over a long weekend and makes you feel better bout holding long positions over a long weekend when you'd otherwise have closed them out.
What happens if Sunday night or Monday a.m. we gap down big, remember the ramp.
I'm going to see if there was any news, I don't think so, other than that, I'll show you why there wasn't any support, just algo's taking out the ask at every level until retail joins the party-they always chase.
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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