I always warn about this because it happens more than not, the initial reaction is faded.
As for ES, it looks like it could even do that, although it's not that strong, it looks more like waiting on the sidelines - consolidation.
Still holding UVXY long for volatility.
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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