There should be an intraday reversal now, just about all of the averages have a 1 min negative as well as all of the Index futures I have seen so far.
It's still early enough to have a pullback and have a strong finish.
I think some of the bears are mistaking the hallmark low volume of a short squeeze with a weak move.
I'll be looking at conditions and other possible 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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