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Daily Archives: June 18, 2019
Look For a Blow Off Move to 2,950 or So… Then Comes the Big Drop
The Fed meets today and tomorrow. Based on hopes of a rate cut, traders are attempting to force a breakout in the stock market. Having broken their downtrend (blue lines in the chart below) and overcoming resistance (red line in … Continue reading
Posted in stock collapse?
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Can the Fed Ease the Economy Back to Growth? History Says No
The Fed meets today and tomorrow. Based on hopes of a rate cut, traders are attempting to force a breakout in the stock market. Having broken their downtrend (blue lines in the chart below) and overcoming resistance (red line in … Continue reading
Posted in Central Bank Insanity
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Stocks Are Making a Final Move to the Top… What Comes Next Won’t Be Pretty
The Fed meets today and tomorrow. Based on hopes of a rate cut, traders are attempting to force a breakout in the stock market. Having broken their downtrend (blue lines in the chart below) and overcoming resistance (red line in … Continue reading
Posted in stock collapse?
Comments Off on Stocks Are Making a Final Move to the Top… What Comes Next Won’t Be Pretty
