Wow sub 45 now
long red candles, lower opens, but long tail yesterday
support showing imho
i was laughed at in may at 79 calling sub 56 now its sub 45, i was too bullish lol!
Fib 50% is at 40.00
But i cant believe its down here not even Crash Season yet
Aug normally sees a bounce.
vale up 0.90% tonight
djia up 1.2%
rate cycle has now changed as inflation & growth tempers & unemployment spikes
100 bp rate cuts expected in US in sept, oct
the fed hopes to stave off the expected crash & help kamala win
dont see either happening though.
expect Fed to fail on both & forced into a 200 bp cut.
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Wow sub 45 nowlong red candles, lower opens, but long tail...
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9 | 392 | 37.780 |
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Price($) | Vol. | No. |
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