I'm getting a lot of emails asking whether this position entered today is still open or am I leaving it open, I did think about taking profits on it earlier as they were 40+% for today alone, but I decided to leave them open.
The EOD bounce I saw earlier and the small positive intraday divergence was posted in the last Futures update on the NQ 1 min chart
The overall 1 min trend really kind of runs over the intraday positive near the EOD and like I said, they'll want the Dow at headline levels on the close.
The 5 min NQ chart has continued to fall apart so these are the signals that have been calling successful puts, I see no reason to close it.
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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