The bears have completely won
The Federal Reserve's interest rate meeting finally landed, announcing a sharp interest rate cut of 50 basis points, and hinting that it would be cut by another 50 basis points this year, but the financial market failed to maintain the trend after the announcement of the interest rate cut decision. The US stock market rose and fell, and the major stock indexes turned down during the session. Gold rose by more than 1% to a record high and then turned down. The price of US bonds turned down, and the US bond yields that plunged during the session turned up. The dot plot shows that slightly more than half of the decision makers expect that the remaining two meetings this year will at least cut interest rates by 25 basis points each time. $Tesla (TSLA.US)$
Before the interest rate meeting, I made a very clear prediction that there is a high probability of a plunge tomorrow, because I saw that VIX was high at the time, so I gave an advance prediction of a plunge. Although the final result did not plunge, the direction was correct after all, so this can be regarded as a correct prediction. $Apple (AAPL.US)$
The real trend of the Federal Reserve's interest rate meeting is often on the second day, so the real direction has not yet come out. I still maintain the prediction of a 2% plunge, and I also emphasized very clearly yesterday, "Although I predict that the market will plunge by 2%, I am talking about the fluctuations of yesterday and today combined." In fact, yesterday we only focused on whether the closing price of S&P could break through and stabilize at 5670, which was the resistance level of the previous historical high. Whether the market finally closed up or down, as long as it did not stabilize at 5670, it would be a signal to sell short. $NVIDIA (NVDA.US)$
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The underlying logic of stock market trading is to stifle human nature
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TrueLove : ? All my stocks increased...
PansBox : Hi there! Maybe you do not have access to post market and overnight trends but they are doing great for now, indicating an upward trend for the near future. Hope it helps with your analysis!
103970650 : lets see if it follow 31oct2019 cut pattern which rised the next day. the worst cut was in march2020. the rests recovered in less than 2weeks time
scarlight : This will not age well.
INTP Leo : You still have time to delete this
Kero-kero : or it's copied from somewhere.
Stock Senior OP INTP Leo : What do I delete
protraderx : Jerome Powell is not publicly acknowledging the jobs market is a lot worse as many are part time work from home. I feel market will plummet in 3 to 5 days
专业技术人员来赚钱 : If someone is really that talented, they would already be worth millions now.
INTP Leo : "The bears have completely won"![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")