I'll have charts out in a moment, but they have improved and several have maintained their positive divergences and we are still deeply near term oversold. I don't know if we can still expect the initial target which would have been near SPY $209 with all that has happened, but I would expect extreme volatility.
I still would NOT but this, but rather use it to short in to.
Charts will be out in just a moment.
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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