In 6 minutes from me writing this, virtually everything could change on the Yellen presser.
However for the moment, we have a parabolic move and very little intraday support.
I may be looking to take some of the UGLD position off at a quick gain, but I'm going to take a closer look first.
SPY 1 m
SPY 3 mi
For the most part, his is the non-confirmation thus far on a parabolic move.
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
No comments:
Post a Comment