From everything I've seen in the averages and Index futures, you know that time around 2-2:30 when most contracts are settled and the market can do what it wants, it looks like it will rip to the upside.
If it doesn't, then it's storing energy for next week. I wouldn't make any longer term (next week) decisions based on afternoon and EOD trade, but that looks to be what is coming and very soon.
Intraday/Day traders may wish to use that information along with your indicators, otherwise I'll wait to see what the close and Sunday night/as well as Monday look like, still holding all positions (meaning if I didn't post it as closed, it's still open).
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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