ES Update

2024年3月20日

Well, here comes the Fed whipsaw!

MFI already hit overbought, RSI hasn't. All I can tell you is that I expect this whipsaw to be pretty big

2024年3月20日

註釋

I'm bearish but too scared to short, lol

2024年3月20日

註釋

Based on the immediate reaction, I would assume the Dot Plot still shows a rate cut

It's a whole village of idiots, lol

2024年3月20日

註釋

Not much of a whipsaw so far, but I've seen double and triple whipsaws on Fed day.

2024年3月20日

註釋

Yup, I was right, Dot Plot still shows 3 rate cuts. Idiots, lol.

finance.yahoo.com/news/fed-dot-plot-suggests-central-bank-will-cut-interest-rates-3-times-in-2024-180543905.html

2024年3月20日

註釋

Kinda looks like a "buy the rumor, sell the news" event.

The market is so overbloated they're having trouble pumping good news, lol.

2024年3月20日

註釋

You gotta figure the Dot Plot is the same as December, so the market has already priced it in the last 3 months.

I think this is the final pump and dump