You are ASSUMING the market has baked in whatever the Fed will do on Wednesday. I don't think it has. Here's what the chartmasters have to say, if you can believe it. (Never saw these guys before, just found it randomly on the Tube.)
First, please get it through your head that the market is ALWAYS "forward looking". Why do you pretend that it isn't? Hence, Monday's huge selloff already factored in next week's FOMC. That's exactly why today's selloff in comparison was so painfully tepid, EVEN THOUGH WE BROKE BELOW THE TRENDLINE as shown by the Chartist in the video. BTW I ain't saying the bear market is over. Far from it. Don't forget that 50% retracement I mentioned yesterday.
Why does everyone keep talking about MONDAY'S huge selloff? Monday closed GREEN! It was Tuesday, damnit! CPI print, remember?
If I knew that CPI number, and day, would be that massively down....I would have bought this watch with some of the profits I made that day to celebrate. Kind of tacky and gaudy, I know, but still,
Think bigger. If I had known that CPI number, and day, would be that massively down, I would have bought this plane with the profits by trading 1000 contracts that day... This is something you are apparently unable to do, because all you do on this forum is talk about hindsight trades. So we are going to follow you on your pointless journey of dreams and wishes and fantasies. You are on about watches? I am on about jets. You have such a limited imagination. Can't wait to see your next hindsight Google chart.
That dude needs a “girl fck” folder with pirated content because he can’t even afford himself a real hooker. Let alone a MacBookPro. Needless to talk about a $80k+ watch Or the $750k 17719 E Apollo Rd, Spokane Valley