I still have a feeling IYT could bounce a bit today and may make for a better entry, but the larger picture is transports aren't looking good here and I think for me any way, this is not the time to be a haggler when a position overall is looking as bad as transports have been looking and overall they are still in a good place for an entry.
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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