I mentioned XLF and Financials, but said I'd wait on them , this iis the time I've been waiting on.
VXX or UVXY have good signals in place, if they maintain them in to an afternoon/closing pullback, I may not be able to wait much longer. I've been VERY patient with them all week as I know what their signals should look like.
The same goes for Financials, albeit in the opposite direction.
Even though the VIX futures are telling me there's likely not much time left before VIX explodes, I still require the objective evidence and not gut feeling.
Lets see what we get, it may happen very quickly.
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
No comments:
Post a Comment