You've heard me refer to "Screaming Divergences" or "Divergences that jump off the chart". We've had some pretty nasty ones, but the recent ones make those look tame, they make the former divergences almost look like part of the trend these are so bad.
I can't imagine this market holding out any longer looking like this.
I'm going to post some ASAP, you'll have to decide what you think, I'm happy to have filled out most short positions and still have a few longs that I like.
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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