Far too many people got burned over the past 24 hours by betting the FARM on the Fed coming out Hawkish.
I was chatting with a guy on Twitter last week about his call for a deep selling phase (possibly reaching COVID lows) in the US markets. His followers got burned by today's move (some really badly).
You have to shift with the market trends and prepare for the unexpected.
My research kept my followers away from risks and has been pointing towards a Wave-5 rally setting up in the US markets for many months.
I use my Custom Indexes to get a better "feel" for how the markets are reacting to various inputs/outcomes.
My Rotational Modeling system has been cautious for more than 14+ months - off only -6% for 2022. Many other Hedge funds are off by at much as -40% to -60%.
Days like today, if you were lucky enough to survive them, will teach you a few lessons...
Don't get married to a trend Protect capital at all times READ THE DATA - not the emotions
Price can fool you - so protect your position.
Follow my research.. Or, at least, check out my content before you decide to place your trade.
Check out my SPY Cycle Pattern posts. Ask questions if you have them.