As suspected, TLT has come down, there are some small positives that should send the averages higher confirming the "Dip Buyers and locking them in.
TLT, although filled the gap, is already starting to accumulate again, it's too early to take a position, but it will come up again.
The market averages are accumulating, but as shown yesterday, the damage done is insurmountable, so these are great trading opportunities as well as Tactical entries for strategic short positions.
Our USO long should gain shortly.
I'll bring you more shortly, maybe some new trades.
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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