The market expects 25 basis points tomorrow. What they are unsure of is how it will look in March. While the fed may indicate yet another rate hike in March, the dollar, vix, and treasuries are telling us else wise. Let's take a spin through our lead indicators today as well as Bitcoin.
Great video! Great way to present those highly relevant trendkines as well. I agree with the blow off top. Also bitcoin structure took people off guard with that higher "false top" at 69k because it is simply put, part of a longer leg up...I also have a target for sp500 over 5,000. I simply use the target of the descending broadening wege it formed before the partial return abd breakout we see now. 5k if it performs. With debt ceiling due in Junr fed will pivot prior so it can put the govt bonds on its balance sheet for social security and other spending necessities.