While I was waiting for the Leading Indicators template to load I checked the NYSE TICK just because and look at this...
A nearly perfect symmetrical triangle in the NYSE TICK data, it would "ALMOST" seem to me "If I was the suspicious type that didn't trust Wall Street", that this triangle didn't appear by accident.
Computer Algos making trades at a micro-second (that's one millionth of a second or put another way, what 1 second would be to 11 and a half days) surely couldn't make pattern like this, or could they?
As for the bias, there's almost no data below -500, very mild, at the highs, +1000, interesting.
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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