Despite the damage done across the averages yesterday, I'd think we still have some gas in the tank.
The DIA intraday looks the most interesting and looks ready for an intraday move higher. Again, this is not something I want to trade from the long side, but rather let the trade come to us and short in to price strength (or sell).
Just an FYI and DIA charts will follow as well as a broader market update.
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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