Expected Dump to new lows tomorrow evening after FOMC announcement, throw some limits down below to seize the opportunity. A lot of people claim a recession and what not is coming however we have been in one for about 3 years now. My view is that it is over and things are stabilizing.
Of course there are legitimate reason for while people have these recession views. I must say though I predicted the first run up from 29k in the middle of June 2022. The market didn't have enough steam to get back to 35k. I think these longs will be good. My assumption is that the market makers are taking out the people who were too greedy and didn't take profits a month ago. Reload and go again, take your best shot. I see Markets making new highs in January.
Of course there are legitimate reason for while people have these recession views. I must say though I predicted the first run up from 29k in the middle of June 2022. The market didn't have enough steam to get back to 35k. I think these longs will be good. My assumption is that the market makers are taking out the people who were too greedy and didn't take profits a month ago. Reload and go again, take your best shot. I see Markets making new highs in January.
