As suspected, NASDAQ 5000 was a psychological magnet and now that it has been hit, also as suspected, this morning's parabolic move is ending the way it started.
The charts right now look horrible, except the IWM which is closer to inline, everything else, not good and I'll be posting them in a moment.
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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