Yes, you don't read it wrongly. After the shocking Fed's 0.5% cut rate yesterday, market reacted by pushing to the upside, but the force is not strong enough that could be assumed as the last push is being made, BEFORE THE DOWNFALL. Get ready for the huge correction on Dow Jones and "his friends" as S&P500, Nasdaq too. CHEERS!
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.