Cleveland Fed President Loretta Mester due to speak, Wednesday

If we want to formulate the situation from a Macro-economic perspective, short-term speaking: The formula is as follows ->
{(Risk of Fed Increasing Rates x Put Options pressure)/(Negative Data Catalyst + Pessimistic Traders)}= Negative Scenario

This Formula ever failed me. Wednesday will end red and Thursday will be called:
“Blood on the Streets”

I hope for the best yet history doesn’t lie.
Harmonic PatternsTechnical IndicatorsUS NAS 100nasdaq

Related publications

Disclaimer