Outright Rallye or selling, boiunce Rally into the election
We may continue up into the Channel we have been trading, but we can seen how overbought, then oversold we were and indeed how unhappy the market is with the FED.
Every time Powell spoke the market immediately turned red and corrected down.
I don't know if it sheer hatred of how the FED sold us on the idea they would loan money to prop up the market, and then let it brutally fall for 2 weeks, oror how the FOMC
is a private bank created by the BILDERBERG billionaires to manipulate our US National markets, but everytime someone else spoke green candles, but everything He spoke we
immediately started selling. We may have to take a deeper correction after two such bullish 3 month runs.
I think both Paper, AND Retail were selling for different agendas.
Every time Powell spoke the market immediately turned red and corrected down.
I don't know if it sheer hatred of how the FED sold us on the idea they would loan money to prop up the market, and then let it brutally fall for 2 weeks, oror how the FOMC
is a private bank created by the BILDERBERG billionaires to manipulate our US National markets, but everytime someone else spoke green candles, but everything He spoke we
immediately started selling. We may have to take a deeper correction after two such bullish 3 month runs.
I think both Paper, AND Retail were selling for different agendas.
Comment:
he idea has been posted that we go down to the 200 DMA in yellow, you can see from this chart that the higher, yellow trandline would also be a natural place to bounce if we continue to correct. If you are in on the TQQQ trade, now is the time to buy some insurance shorts SQQQ just in case. It takes 300 or 400 SQQ to cover for 100 TQQQ.
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