Bull Market posts, posts that support the Bull Case, page-1023

Eventhough the 2 day correction (so far ??) against the advance from Oct 23 was small (a 0.382 retracement) the manner in which it happened (2 impulsive bars) was very scary as we moved from the upper to the lower bollinger band in just 2 days or 4 SD's.
Starting to see signs of price now making its way back inside the lower band. Would like to see more consolidation or corrective price action to start to consider long positions.
Was this a signal from the markets to Powell to start cutting rates ? CME fed watch tool showing a Sept 1/4 point cut to have a probability of 74.5%. Its shifted from about 5.5 % from a month ago. "Lower interest rates result in a lift to the present value of future cash flows or increases the intrinsic value of stocks!".