I wrote two days ago but didn't dare to post it, afraid of being proven wrong. Many teachers are bullish. It seems that sometimes the feelings of retail investors may also be correct.
$ProShares UltraPro Short QQQ ETF (SQQQ.US)$In my personal opinion, the large cap will continue to decline for a few more days this week. From the chart, it seems that SQQQ has not risen sufficiently, and the S&P index and the previous ES support line have now become resistance lines. When the large cap attempted to rise for the first time, the strength was insufficient. The bearish momentum was very strong last week, with some bears choosing to take profits before the Fed meeting, leading to a minor rebound. I predict the Fed will raise rates by 0.75%, but the dot plot and the lack of rate cut expectations can convey a very hawkish attitude. After the previous stock market rebound led to financial easing, the Fed dislikes seeing another significant stock market rebound leading to increased consumer spending and pushing CPI higher. There are more people looking for rebounds these days, so the pressure will continue, waiting for the bulls to cut losses before rebounding.
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MooMooTan
:
Powell is very fake and doesn't want to fight inflation at all. You can't believe what he said. 100% politicians would have raised interest rates a long time ago if they were to fight inflation.
纲纲好
OPMooMooTan
:
He made too many mistakes. At the beginning of the year, he said that inflation was temporary, and when he raised interest rates in June, he said that it was appropriate to slow down the rate increase at a certain point, saying that there was no recession and that a soft landing was possible. This is both to reduce inflation and not to decline, which is probably the result of a conversation with Biden. Later, the market did not follow their plan, rebounded sharply and turned into financial easing, and the core cpi was still rising, so he had no choice but to raise interest rates aggressively. Today's bitmap shows that we will have to add 0.75 and 0.5 later this year, and we will continue to do so next year. Let's hurry up.
James35 : I could write that, too.
纲纲好 OP James35 : Yeah, I didn't dare to make it or hold a position. I cleared it yesterday. I watched the ECG show today.
MooMooTan : Powell is very fake and doesn't want to fight inflation at all. You can't believe what he said. 100% politicians would have raised interest rates a long time ago if they were to fight inflation.
MooMooTan : I didn't dare to hold a heavy position yesterday.
钞票打印机 纲纲好 OP : I made a small profit and ran away today.
纲纲好 OP MooMooTan : He made too many mistakes. At the beginning of the year, he said that inflation was temporary, and when he raised interest rates in June, he said that it was appropriate to slow down the rate increase at a certain point, saying that there was no recession and that a soft landing was possible. This is both to reduce inflation and not to decline, which is probably the result of a conversation with Biden. Later, the market did not follow their plan, rebounded sharply and turned into financial easing, and the core cpi was still rising, so he had no choice but to raise interest rates aggressively. Today's bitmap shows that we will have to add 0.75 and 0.5 later this year, and we will continue to do so next year. Let's hurry up.
纲纲好 OP 钞票打印机 : S&P is really going to the 3720 I mentioned last time. Alas, I don't dare to stick with it
456632345 : He really wants to hit inflation by at least 1% this time
钞票打印机 : I guess the market will bounce back tomorrow or Friday.
钞票打印机 : It has been rising since SQQQ was sold yesterday. Hey...
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