All of the averages have at least 1 min intraday negatives right now, not surprising, the Q's and IWM though look particularly weak, I'm going to have to look at them closer, you can see XLF has outperformed XLK (Financial vs Tech) easily so far today.
A pullback gives us more data on the health of a bounce, we should see it accumulated.
USO is coming up, there may be a set up there soon.
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