Waterfall, I'm looking at the short term picture and I mentioned I thought we would rally after the initial opening fall so it will still be a red day.
Continuing to fall after such a big overnight gap is rare.
The rate cut was factored in yesterday but now we will follow the yanks lead taking us below the "factored in" level of yesterday, hence we might rally back towards the factored in level.
Just my humble opinion.
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