Yesterday Fed Chair Powel testimony showed rates will be increased. So stocks are going to get cheaper.
Because of the sell-off yesterday, the sellers are exhausted. We need to wait a pullback to the last buyers who are willing to sell to get themselves to break-even.
Some long-lasting rotation may take place.
Because of the sell-off yesterday, the sellers are exhausted. We need to wait a pullback to the last buyers who are willing to sell to get themselves to break-even.
Some long-lasting rotation may take place.
Trade closed: target reached
