I've been tearing through dozens of charts, every timeframe for the averages, for their 2x leveraged regular and inverse and 3x regular and inverse, today just looks like the market is in a standstill waiting for something.
Near term charts are pretty much looking like an op-ex pin day. The intermediate and long term are very negative.
I'll post examples in a minute, but as much as I have looked everywhere, it just looks like it is waiting for something very near term.
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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