With rates set to rise 50 bps for the next 3 fed meetings, mortage rates will explode and so will home prices. Will Invitation Homes feel the pressure?
With J Pow ruling out 75bps for the next hike, we are priced in. This dead cat gonna bounce hard. Look to sell at 21 week ema as bull market support becomes resistance.
Hey Love,
Heading toward Long Term Support at $0.10. Elon pump is not a matter of if but when. Short term looking for bottom around $0.10. Confirmation of trend shift will be after fomc when tech / crypto dead cat bounces. Easy 3x Long. Leverage up degens.
Yours Truly,
Whisper M.D.