Do or Die
Posted by Eric Skates on
Data missed again this morning. Nothing really matters except 2:00pm. Here we are basically sitting around 2% and it's a huge mental pivot, forgetting any technical analysis. The hope is for language that might take a June hike back off the table. If you haven't locked by now, I'm not sure it makes sense to at this point, but that doesn't mean there isn't downside risk. I eluded to this possibly being a copy of 2015. If you pull a chart you'll see the swoon that followed the flash down in Jan and feb ended right around mid March.
We'll find out in a few hours...
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