I'll have some charts out in a few minutes, but FAZ long (3x short financials) looks pretty darn good in the area for either a new position or filling out a partial position. If intraday signals hold, you can probably pick it up for $12.50 or less, but ultimately anywhere below $16 is a choice entry so you might want to set some price alerts.
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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