UnknownUnicorn1694303

Federal Reserve has just announced OFFICIAL QE5 - DROPS PRIME 0%

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
It's going to cause the mother of bear traps and a rip-your-face off rally.

Again a good trader must change their position based on changing variables. This is huge.

It can be fully expected they will print *whatever* is required and POUND OUT THE SHORTS.. If you look back to 2007/8 they bought $3.7 TRILLION in equities which they are holding to this day.

fred.stlouisfed.org/series/WALCL

www.zerohedge.com/ma...ed-global-swap-lines
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.