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XJO - Bear Posts only (Factors which might cause the markets to fall), page-8797

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21/03/23

13:45

Post #: 66879156
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Originally posted by Baron1: ↑

Just a quick update as so far everything is going to plan. I see two possible scenarios now as the market has fundamentally weakened further. Scenario 1 we get the rally as we all said we would and put in that right shoulder before heading down to test new lows. Scenario 2 and the one I think is most likely is we rally to the 3980 - 4020 area (rounding off) on the S&P and then head down to test new lows.

Why? Because scenario 2 conicides with the Fed meeting this week where markets are pricing in a rate pause/pivot. Which is why Nasdaq has done so well comparatively which bulls fail to grasp. I don't believe we will get a pause/pivot so believe the Fed will end the rally and send us lower otherwise we see scenario 2 unfold. Note either way scenario 1 or scenario 2 we heading for new lows IMO by May/June.

P.S. Scenario 2 buys us more time. Anyway I keep things general so no point asking questions as the answer ATM will always = its a bull trap. Why? Cause it is, good luck. Again IMO. Lets have fun hehehe.

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Scenario 3.. the instos don't bother with a rally and smash the markets tonight prior to the meeting

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