US500 'The economy is great and strong but you better start cutting rates like we are in a recession' - Trump to Jerome
Typical dishonest Orange man double speak. In reality if trump just admitted that his policies have made the economy weaker Jerome would already be cutting further to "support" things but trump wants to have his cake and eat it too while Jerome actually has a job to do. Frankly the worse thing that could happen between now and the next meeting is for inflation to pickup as a result of finalized tarrifs, the weak dollar, oil deciding to breakout or whatever.
US500 Correction will be to 6050-6190, probably the upper limit Monthly support from the accumulated volume lies between 6050 and 6170. 4h indicators show a clear reversal. Separately, at these levels are the previous ATH. In my opinion, it is possible to stop even at 6180-6190. We will probably start with a gap on Monday.
US500 Happy Friday! Congrats to everyone who made profits this week. Can’t wait to see what next week has in store for us. Decompress, and reflect on your week. There’s always another opportunity presented. Today is not the end. To anyone who lost badly keep your head held high and remember what went wrong today.
SPXSPY Looking to all indicators, price action and volume, it's clear two MM clowns are fighting for price. One wants up the other wants down. Why does the law permit this?
US500 'The economy is great and strong but you better start cutting rates like we are in a recession' - Trump to Jerome
