All of the intraday averages are negative, we'll get in to that more later, but the TICK chart as well as others is what should really be concerning to a bull.
That's a break that is near extremes.
I doubt they'll let anything bad happen in front of Black Friday even if the NY F_E_D's open markets desk has to buy up everything, but this isn't good.
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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