Just in case you are considering something like some weekly calls that you may end up needing to close today, I don't think we get too much closer to bounce time than we are right now.
I'll still note that the SPY 1 min is positive which is an improvement over Friday, but NOTHING at the 2 min chart and the other averages aren't too different so if you do try to hitch hike a bounce here, you better be nimble and I'd look at it as a VERY speculative position.
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
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