I collected charts for a market update, but they are moving so fast intraday that they've already changed and will change more before I can get them up to post them. There are a couple pre-F_O_M_C that I'd like to get out and will try to do that.
The intraday charts have been very boring or "Blah" today, just a few minutes ago I noticed that Index futures had decent intraday negative 1 min charts forming and it looks like we are already seeing some downside from them.
I also see improvement in VXX/UVXY, I might even add if we weren't 40 minutes away from the F_O_M_C, if I do add pre-F_O_M_C the charts will have to really be jumping off the screen.
More to follow...
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