The market is groping around here for an a.m. bottom, it looks like a strong intraday capitulation move has been put in
Readings under -1250 are extreme, often capitulation, the fact the TICK channel has turned up looks like a bottom is being put in
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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