Member
Posted 17 July 2019 - 09:48 AM
50 bps
FED wants to hit it right first time and then have some room to wait and analyze rather than being pressured
Market pricing in 100% probability of a rate cut in 2 weeks w/ 65% chance of 25 bps cut and 35% chance of 50 bps cut.
Member
Posted 17 July 2019 - 09:55 AM
SPY Woo Hoo Indicator - Bullish Consolidation - After a big move up, moving averages need to consolidate and catch up to price.
Member
Posted 17 July 2019 - 10:39 AM
biggest chance of a down draft is today and tomorrow.
Member
Posted 17 July 2019 - 11:11 AM
back to daytrading VXX and NQ until market goes back to sleep
Member
Posted 17 July 2019 - 11:12 AM
biggest chance of a down draft is today and tomorrow.
yeah, but I am looking for an extended move down during next week
Could be wrong
Member
Posted 17 July 2019 - 12:42 PM
There they go again....of course, this is far more than a TRADE WAR
Based on what I know, the Chinese side is very insistent on three principles regarding China-US trade deal. 1. The US side should remove all additional tariffs; 2. The amount of Chinese purchase of US products should be realistic; 3. The text of the deal should be balanced.
