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farooq

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farooq

Re: farooq post# 264

Wednesday, 05/19/2021 11:55:20 PM

Wednesday, May 19, 2021 11:55:20 PM

Post# of 587
One day wonder and we came down again. Still on sell signal but monthly option expiration could bring some volatility.
I think by Friday 95 area would be in play.After Fed announcement there is no reason market should fear this transitory inflation.
Fed has to keep interest rate under 3.5% for next 3 to 4 years.
Stay tuned.

Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.

http://investorshub.advfn.com/boards/board.asp?board_id=4514

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