Remember SPXU looking strong short term, this is why.
This is the downside we need as just mentioned in the "Last Pre-F_O_M_C post", I said,
"Certain 3x leverage long ETFs are improving like TQQQ, UPRO and URTY, they are not where I'd take a position yet, but I suspect any initial downside will be accumulated, if it is, that's when I'd likely step in."
This is what we are seeing so far, so it looks like we are on track., next to confirm positive accumulation
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
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