The last time we caught an apparent F_E_D leak, it was so apparent that we immediately opened trades about 2 hours before the F_O_M_C, they were right on and this wasn't an ambiguous signal, it was screaming.
So in looking for the same today in a lot of averages, I kind of just thought about the original premise of trend 1 and 2, checked again to make sure there are enough charts to back a trend 2 still and then took a step back and wondered if the smoking gun is right in front of us-this would be the most obvious place for the highest probability moves and the largest underlying activity.
A simplified perspective that doesn't break down short term or intraday results, but may be more than just a future promise as to what is going on inside this trend, they are the long term charts (10-60 min)
DIA
10m
30m
60m
QQQ
60m
30m (yellow denotes head fake areas)
15 m
SPY
10m
15m
30 m
Not that I've given up on looking for that smoking gun, we caught GOOG earnings 15 minutes before the close and earnings, so I'm still looking about.
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
No comments:
Post a Comment