🔥decided to make this particular post public, as a direct update to the last public midnight session (if you don't know what that is, you probably don't need to).
>i've shared both the bull and bear idea, and having the time to really observe the markets over the last couple of week including every possible factor which i could think of, i've gotta say - things really do look bullish.
70% of the whole market is short, which gives us incentive to squeeze higher, likely beyond anyone's greatest expectations. people are frightened for some reason, and jpow is ready to hike rates higher, which is bullish historically. the market will generally push up until jpow pivots, which he clearly told us at the jackson hole meeting that he is not going to do yet.
so i'ma bring up an old post of mine, one which really highlighted this situation nicely. if you are curious as to why any of this is even happening, i'd like to you read the original post:
have a nice evening.
