Well the Central Banks put a damper on the expected move lower, but that has not changed the predictive analytics model, which is still bearish. In the video link below, you will see the last time this happened, which also coincided with the Fed. It was 09/25/18 and as the spx was making new all-time highs, Woody was telling members when to expect the LOW! It wasn't more than a few days later we saw the SPX have the largest drop in over 10 years.
The Dynamics have changed some which I go over in tonight's video, but the low date may now provide a great buying opportunity. I mention the VIX in the headline, because the fractal pattern I am following with what took place in September 2018, the VIX also has an eerily fractal pattern as well. But the difference is-this one is much larger. I would not be surprised to see the bulls try and gap their way up to close the 2944 gap (being that is the only way they can move higher) but there is something not right here. I can't put my finger on it just yet, but there is no reason at all for the Fed to be panicking right now. Economy is best in history (to some) unemployment is at all-time lows and the stock market is within 25 points of all-time highs . So why are they talking about rate cuts? What do they know that has them scared? That is above my pay grade, but I can tell you this, something doesn't feel right here. Enjoy the video below. G
The Dynamics have changed some which I go over in tonight's video, but the low date may now provide a great buying opportunity. I mention the VIX in the headline, because the fractal pattern I am following with what took place in September 2018, the VIX also has an eerily fractal pattern as well. But the difference is-this one is much larger. I would not be surprised to see the bulls try and gap their way up to close the 2944 gap (being that is the only way they can move higher) but there is something not right here. I can't put my finger on it just yet, but there is no reason at all for the Fed to be panicking right now. Economy is best in history (to some) unemployment is at all-time lows and the stock market is within 25 points of all-time highs . So why are they talking about rate cuts? What do they know that has them scared? That is above my pay grade, but I can tell you this, something doesn't feel right here. Enjoy the video below. G
