Well, here comes the Fed whipsaw!
MFI already hit overbought, RSI hasn't. All I can tell you is that I expect this whipsaw to be pretty big
MFI already hit overbought, RSI hasn't. All I can tell you is that I expect this whipsaw to be pretty big
Kommentera:
I'm bearish but too scared to short, lol
Kommentera:
Based on the immediate reaction, I would assume the Dot Plot still shows a rate cut
It's a whole village of idiots, lol
It's a whole village of idiots, lol
Kommentera:
Not much of a whipsaw so far, but I've seen double and triple whipsaws on Fed day.
Kommentera:
Yup, I was right, Dot Plot still shows 3 rate cuts. Idiots, lol.
finance.yahoo.com/ne...-2024-180543905.html
finance.yahoo.com/ne...-2024-180543905.html
Kommentera:
Kinda looks like a "buy the rumor, sell the news" event.
The market is so overbloated they're having trouble pumping good news, lol.
The market is so overbloated they're having trouble pumping good news, lol.
Kommentera:
You gotta figure the Dot Plot is the same as December, so the market has already priced it in the last 3 months.
I think this is the final pump and dump
I think this is the final pump and dump