VXX and UVXY (VIX Short term futures) are starting to gain some positive 3C momentum and a little price momentum, not surprisingly just as the Yen seems to be coming out of a small consolidation and looks as if it will head to the upside.
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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