There are several indicators which makes the next 48 hrs the crucial infliction point for the stock market - many observers put tomorrow and Monday down as REVERSAL date.. due to different reasons...
1. End of tax year....
2. Solar activity.. yes you read correctly: http://carolan.org/2009/04/16/nicked/
3. ..and most important though... EVERYTHING the US government have done has had ZERO IMPACT on the US consumer, but it has made the same corrupt bankers who made the mess regain some of their money.. this is one big transfer of capital from tax payers to banks.... directly.......It will end in tears...
Otherwise my EURUSD finally working, and Gold likewise... I have been short small equity market and I will sell to maximum of mandate into the close today with a stop above 900 on a two days close... its time to take of the gloves and put my money where mouth is.... (SPX now 870.00)
Safe trading,
Steen
Philly Fed: State Coincident Indexes Increased in 47 States in January
(3-Month Basis)
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From the Philly Fed:
The Federal Reserve Bank of Philadelphia has released the coincident
indexes for the 50 states for January 2025. *Over the past three...
40 minutter siden
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