LIONS! Two VERY Important Chart Patterns, (BONDS and the DOLLAR). By Gregory Mannarino
Two distinct chart patterns are forming with regard to BONDS and the DOLLAR. Both of which are stock market positive...
If BONDS are bought up rates will drop opening a door for cash to flow into stocks AND! If we get a simultaneous drop in the DOLLAR this has the potential to fuel a big rally in stocks.
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It's good to know!. Thanks....:)...
Greg, I want to ask you a question regarding multi - time frame analysis. Many say we should look at the weekly, daily and 60-min charts. And we should trade in the direction of the long-term trend. How do you feel about this idea?
Depends on the kind of trading one does. For me trading credit spreads, I use daily charts to enter/exit positions.
Thank you, Greg.
Do you trust the Fed Greg?
I trust that they only do what is best for themselves and the 1%. I despise The Fed...