Indicators neutral on my 3 hr chart, but SPX daily MFI went oversold earlier this week, so Powell probably pumps the market. In any case, I expect a whipsaw within the next half hour. Usually does a head fake first so watch out.
Comment:
LOL, there's your head fake. Powell can;t pump when half the Feds vote for rate increase next year.
Amazing how much pump volume there was right at 1pm EST, now they're digesting the news.
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Amazing how much pump volume there was right at 1pm EST, now they're digesting the news.