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Well, we'll need a little more time to see how the markets play out for the rest of the week, but it certainly looked short term bearish in the initial reaction. Let's look at the charts to see whether the initial move could be a fake out or a warning sign of something bigger?
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Alex - Chart Freak2019-08-01 12:03:402019-08-01 12:03:40Aug 1 – Who Liked The 1/4 Point Rate Cut?.
I love the way Bears look when they are asleep. So peaceful. Let's hope he stays that way. 🙂
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Alex - Chart Freak2019-07-31 10:54:432019-07-31 13:39:37July 31 – Fed Wednesday – Sshhh, Just Let Him Sleep
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Alex - Chart Freak2019-07-30 10:42:342019-07-30 10:42:34Tuesday – The Pre-Fed Line Up
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