As I suspected, the dust is starting to settle and some intraday positives that mean something unlike earlier ones, are now forming.
I'll have charts up shortly, but it does look like an initial knee jerk even though I fully expect the 10/9 cycle that has already topped with a head fake move, will resolve with a stage 4 decline and we go from there.
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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