I'm going to get some charts up, but as I go through different averages, their ETF's, leveraged and inverse ETFs, sectors, etc. TECH looks to be the worst, I'd lump QQQ in there, but Tech as in XLK, maybe TECS or SQQQ.
I'll get those charts up, but there's essentiality 1 timeframe I'd wait for before calling this out as a position at the exact time, that's the 5 min chart. You'll see with all of the other charts, this one is destroyed and I suspect it will be one of the first to fall the hardest.
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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