This is more about intraday parabolic move, you know I don't trust them, they tend to fail as fast as they rise.
SPY is not as bad really.
The Q's look troublesome intraday, this to me is a fade trade.
IWM may look the worst, again until we have more data, at most this is an aggressive fade trade.
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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