faboose

SPX looking primed

Long
faboose Updated   
FX:SPX500   S&P 500 Index
next week will be very telling with the Fed. It seems near impossible the Fed raises rates, and if at all most likely .25% which we're pricing back in right now.

But the Fed can signal to the markets next week by no rate hike and pausing to prove they're paying attention and have confidence in the measures that they have taken. If they raise .25% to only pull it back in a few months, it will set them up to look like fools (which they are).

We've had VIX spikes, valuation resets, commodity meltdown, and banking confidence shocks with Tbills hold to maturity hedges. Besides a full meltdown, everything is prepped for a reversal.
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nice shake out

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4150 break and we get our 4300 pamp :) Hope you got some good calls ready for end of April. Also some insanely cheap puts out there for some good hedgies around 4k
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Fed balance sheet just came out. IT's ACTUALLY DOWN. STFU

This is amazing, the bank loan system was a huge success. If you look up 1984 Continental Illinois (www.federalreservehi...continental-illinois) this is playing out EXACTLY the same. This could be the best buying opp we are literally going to see for the rest of our lives.
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tomorrow is going to be a fun day. Expecting CPI comes in showing slowing yet again.

www.tradingview.com/chart/aBrk4ZAM/
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and, 4010 area if we fail

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and the please no

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BTFD
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told ya, lol
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Remember, it only took 3 trading days to go from 4645 to 4800.
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