Charts, charts and more charts

Will 30K hold.?

The fact that markets have forced the Fed to deal with inflation because of recent precipitous falls.

So yesterday reaction to FOMC 3/4 % hike sent stocks higher. The markets wanted action...Fed got forced to deliver.

I smell bear traps at these current lows. Question is...how big these bear traps. I'll be playing upside, with lots of wiggle room + multiple possies to catch any relief rally.
fomc reaction.png
 
The fact that markets have forced the Fed to deal with inflation because of recent precipitous falls.

So yesterday reaction to FOMC 3/4 % hike sent stocks higher. The markets wanted action...Fed got forced to deliver.

I smell bear traps at these current lows. Question is...how big these bear traps. I'll be playing upside, with lots of wiggle room + multiple possies to catch any relief rally.View attachment 319159
Tiz option expiration tomorra aswell
 
Top