Indicators show Rate hikes in BLUE and rate cuts in PURPLE
How did the market react in all of the hiking and cutting seasons? In my opinion its all over the place and so the cuts and hikes may be getting more play weight than is necessary. yes easy money is key so maybe we should look at rates below 3% or above as a bull or bear indicator but cuts and hikes by themselves are not showing me strong enough correlations.
Any thoughts.
I will publish the scripts for the hikes so you can add them to the charts of your choice.
How did the market react in all of the hiking and cutting seasons? In my opinion its all over the place and so the cuts and hikes may be getting more play weight than is necessary. yes easy money is key so maybe we should look at rates below 3% or above as a bull or bear indicator but cuts and hikes by themselves are not showing me strong enough correlations.
Any thoughts.
I will publish the scripts for the hikes so you can add them to the charts of your choice.