S&P 500 E-mini FuturesUpdated ES Update
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
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I'm bearish but too scared to short, lolNote
Based on the immediate reaction, I would assume the Dot Plot still shows a rate cutIt's a whole village of idiots, lol
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Not much of a whipsaw so far, but I've seen double and triple whipsaws on Fed day.Note
Yup, I was right, Dot Plot still shows 3 rate cuts. Idiots, lol.finance.yahoo.com/news/fed-dot-plot-suggests-central-bank-will-cut-interest-rates-3-times-in-2024-180543905.html
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Kinda looks like a "buy the rumor, sell the news" event. The market is so overbloated they're having trouble pumping good news, lol.
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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
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.