The market has never been this expensive and retailers are being the exit liquidity for whales / institutions. Almost like many people are just sitting a sipping away on an active volcano. The market could be jumping for a few days, but a rate cut confirms that the market is weak and needs a boost / help. Unfortunately, it's too little too late. Most macros show a clear sign of stress, which is not being reflected in the market (for now). Don't get too complacent...the VIX will spike at astronomical levels when the hammer falls. Best of luck!
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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.