Just as envisioned late Friday based on the 3C signals picking up today where they left off, that patch of weakness last night on the open of futures was filled in with a small USD/JPY ramp around 3 a.m. so we should have an open pretty much as described Friday afternoon, I still have no reason to change my mind as to where we go from there, also part of Friday's analysis.
ES 3 a.m. ramp to take up the opening weakness and further deterioration from last night's open.
I don't see any news of note.
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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