There are some very sharp negative divergences that have grown out of the ones I posted in one of the last market updates. If there's reason to re-enter long positions after a move down (intraday or not), I'll look at that when we get there.
With these negatives in place, I can't justify holding leveraged longs.
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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