dipak

Is Dow doing .786 Retracement. 33K

Short
DJ:DJI   Dow Jones Industrial Average Index
Only Index that has been doing Big retracement. This time it has done Very fast like Market has made the Bottom or During Y2K bearmarket.
Is it like before it's a bear market or Fed wants market to make new all time high. If That is the Case then Inflation will be lot Higher.
Powell want to be remembered like Paul Volker Not Burns.
After 1966 Market Top. Market went up to new slightly higher high then went down multiple time.
Don't rule out anything.
That Dirty Big Green candle with Big Green Volume is a Exestuation volume. Market should be red on Monday or with Small candle.
We will Find out What fed wants
Higher Dot plot would be bearish. Lower or same Dot plot means Bullish.
Watch the Interest rate Dot Plot
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