Kudos to MMs

Quote from Technician:

hi nitro, sorry, but what do your posts mean?
I'm assuming your inquiry regards the numbers "FV" and "NFV".

"FV" is my estimate of what the long term "Fair Value" of the SP500 is. "NFV" is the very short term "Fair Value" of the SP500. It is an intraday measure and should be looked at once a minute, but I can't post it once a minute. Still, imo it is useful.
 
Zero delta of a FED raise. However, my own internal probabilities have added 2% chance of a FED raise in a parallel universe, for a total of 7%. So in some universe, the FED could raise rates here, just not this one.

As usual, the language is what will be interesting until about March/April of next year.
 
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