Will we continue to rally up to Rate Rise?.Yes AGE remained flat...

Will we continue to rally up to Rate Rise?
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Yes AGE remained flat to finish at 3c. Our volume was very low, just over 2.8m shares traded. No direction, holding 3 and waiting for market direction..
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ASX U stocks were mixed but marginal. Of the 28 stocks that I track, it was flat, on average no gain or loss - overall a low volume day.
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Overnight US U stocks were mixed. Many stocks lost around 1% but the ETF were slightly in green. U Futures gained 20c to finish exactly at $50 - tired of going up and down of 50, so taking rest there.

What next:
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Yesterday SP 500 played as was expected and got ahead by 1% to 3951. Before yesterday that was the most plausible path, but yesterday ASX crumbled as if US markets will tank. That was not be. ASX also finished high in a similar range of around 0.8%
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So SP 500 has now got above 3930. The algos and chartists all playing moving averages and Fib levels. As I had mentioned, till Fed Rate Rise decision, it is expected that either SP 500 will stay here or try to get 1 notch up above 4000. It has still got a day to play accordingly.
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For the immediate short term, many indicators still pointing that SP 500 may not tank unless a very bad news is out there. Some bullish indicators like Fed rescuing banks, pumping money and most of all very unusual - Smart money (Institutions) are now buying where as Dumb money (Retail) is panicking and selling. Though anything can happen, that is one positive hope for this rally to continue. Mike Wilson of Morgan Stanley who is well regarded has also gone one step ahead and said that the failing of the banks and the rescue is the beginning of the end process of bear market. So some bullish signs, though die-hard bears will not be happy till they see 3250 (+/-)
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Lead Indicators - again mixed. Volatility Index VIX fell, Yields rose and Dollar Index fell. The VIX is now become so volatile that it is doing 20% swings in a day. This is a sign of turbulence and indications something may have to give. May be Mr. Powell will decide that soon.
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So what will happen tonight? US Futures flat. Asian markets mostly moderate green except Nikkei which fell. Bitcoin around 28k but they are on their own journey - some talks that it may reach $1m - wild jungle out there. No major data tonight, some home sales data which may not have any impact. Everything is being set up for tomorrow - Rate Rise and FOMC Mr. Powell speak. Expectation is of 0.25% increase but anything can happen. So we got one more day to cross 4000 - I have a feeling an attempt may be made today, whether successful not sure, but would be good to at least hold 3930 if down.. Will that happen? Lets hope so. All the best.