This is why I don't trust parabolic moves like ES saw on the open. Right now ES is getting ready to correct, typically the correction from a parabolic move looks the same (as far as volatility) as the first part, but often corrects in a more extreme manner, this is why they are called parabolic, they look like a parabola.
Is interest rates about to start going up?
-
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
No comments:
Post a Comment