92% Fed Futures for 75bp cut.
This is akin to little Johnny breaking his mother's vase and sweeping it under the rug in hopes that she won't find out.
It's amazing how they can just flat out lie to us like this.
There go the futures. The Fed Bank of NY with JPMorgan is reportedly...
Unreal.. It's days like this that makes you want to slap yourself for having an opinion. I've been sitting here trying to rationalize why the market should be going up while I let 350pips slip by me.
*shakes head*
Agreed.
1300ES and 12k YM close would be huge for sentiment. I am curious as to how this plays out up to fed meeting. Will we just stay flat, then bounce high after cut then fall, or will we get some more downside ahead of meeting?