Everything is so flat, equities, averages, etc, all I can think of is their sitting somewhere around VWAP. I have to upload a different layout that I'd rather not until after the close as the data I'm watching now is more important, but I'm guessing we are sitting right at VWAP, typically flat ranges are distribution or accumulation ranged depending on the preceding trend, signals ,etc.
It's these quiet markets that are range bound that are the most dangerous, you know what I'm going to say I'm sure, "It's like the kids in the next room being a little too quiet" They're up to something and the flat range/non action lulls people in to complacency.
We'll see in a few minutes.
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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