Charts will follow. The SPY, the Q's especially, the IWM all have and have been working on today, intraday positives, these are intraday moves, not swing moves or anything like that, but they look like they'll make a run at the upside shortly.
How price and 3C reacts will be important, "If" any and all price strength are sold immediately, then this market could go any minute.
"If" they can stay in line or not see too heavy of distribution, then I think the Q gap fill is still the immediate market priority.
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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