We expect the market to decline next week all week with some upside the first couple of days to trade the longs in before the sell off.
The market is moving higher with our G-line forecast as was predicted and is mainly due to FEDs EQ2 efforts.
We expect consolidation tomorrow, another peak at the high on Monday to shake weak hands out and a pullback.
Tomorrow is Friday and we have Emplyment situation numbers out at 8:30 am. More on Sunday.
Wishing you the very best,
I don't think people truly understand what the Fed is doing here who think the market is on the verge of some large selloff. I did, but now after reading countless articles about it, I've come to a completely different point of view.
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