All of the major averages have now made what I'd consider a "Head fake move" which is something I was waiting on and had mentioned earlier in a number of assets "Consider going long on a head fake under..." and the level was the range lows.
I'm seeing intraday improvement now, thus the reason I closed some of the leveraged shorts and am moving in to the leveraged longs.
Also I'm seeing much worse signals in VIX futures than you'd expect given the market's movement, however that is still on an intraday chart.
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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