It looks like the intraday downside move is finally coming, it's still not telling us a lot, three's not enough distribution for me to think the next leg down is imminent, however until I see if there's accumulation near yesterday's closing lows, I won't know if there's some sort of bigger bounce planned, for now the best we have is this looks like a consolidation through time and somewhat price, consolidating yesterday's losses.
Charts coming.
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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