Just my personal theory, but what I call the rate cut paradox.
A rate cut is going to drive the market higher and the market ‘knows’ one is coming, but if the market is exceptionally strong it may endanger the chances of a cut. The market is trying to price in a rate cut without pricing one out.
Unique_Name_2 on
Flirting with breaking thru resistance is a very bullish way of saying ‘testing resistance, failing, and falling back down’…
If we dont break ath after this long weekend, im probably going short on the month. Right here is no mans land though, definitely could surge up monday. Big players are on vacay, dont take too much that happens today seriously.
3 Comments
Scallop
Just my personal theory, but what I call the rate cut paradox.
A rate cut is going to drive the market higher and the market ‘knows’ one is coming, but if the market is exceptionally strong it may endanger the chances of a cut. The market is trying to price in a rate cut without pricing one out.
Flirting with breaking thru resistance is a very bullish way of saying ‘testing resistance, failing, and falling back down’…
If we dont break ath after this long weekend, im probably going short on the month. Right here is no mans land though, definitely could surge up monday. Big players are on vacay, dont take too much that happens today seriously.