I'll get charts out because that's really where the signals are coming from, but the TICK chart is a quick way for me to show you in the meantime.
Since the last push to -1300 we have bounced as there were multiple support areas, the channel is clear on the recovery from the last intraday move down, but look how it just failed to hit the top of the channel.
Really though this is based on intraday 3C charts, I'll get them up as something interesting seems to be brewing.
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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