On the intraday charts most of the averages just jumped back in line, which is no surprise given what we found in the last post (the market should have some more upside, but nothing intense ). The IWM is the one standout as it went to an inline status intraday and is now starting to lead negative so it may see some relative weakness vs the other averages tomorrow morning.
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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