Even the TICK is very mellow, but there's some progress being made to the upside in the 1 min 3C charts on the Q's and SPY while the IWM and DIA are still mostly in line on the 1 min, but the longer term charts are very positive so I don't have much doubt that they will get there.
I don't want to look at shorting anything while we haven't moved up very much and certainly don't want to sell yesterday's calls with all the potential they have shown in the longer charts so it's patience time.
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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