EOD Indications, believe it or not are almost exactly the same or worse than they were on Friday, the 1 min charts in many cases moved close to in line, some deteriorated, at 2 min and longer though they deteriorated for the most part except in the IWM which was closer to inline, but at 3 mins, the IWM deteriorated so today's underlying trade wasn't much different than Friday's, but if trade was driven first by a carry pair until it was within striking distance of a short squeeze, then as I said last night, retail would and seemingly did, do all the heavy lifting and underlying trade would stay almost the same as smart money just let retail do the work, thus the light volume.
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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