So whats up with this sell off 9-20-2021

Don't be surprised if we hit all-time highs by 3 quarter-end next week. The FOMC can not do anything but talk....Just watch, Powell will say inflation has peaked and will start dropping in 2022-2023, some bull shit like that.
 
KCalhoun said:
I would not be surprised if they buy the rumor sell the news type day today, green all morning, false break out 2:30 then afternoon selling. I will be buying lots of uvxy and tza if that's the case. If market goes up I'll buy lots of svxy and soxl
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Imagine if you had as much long bias as you have short bias and this morning happened. It would be Ca Ching Ca Ching, nice gap up in TQQQ, markets are going to the moon, ... .
 
There may be some initial volatility starting right after 2, in 20 minutes or so, followed by main volatility at 2:30. Remember there's always a three wave response, the initial response, then a counter-trend move, then the major move starts usually around 3 p.m.

Good hunting :D
 
Rickshaw Man said:
Don't be surprised if we hit all-time highs by 3 quarter-end next week. The FOMC can not do anything but talk....Just watch, Powell will say inflation has peaked and will start dropping in 2022-2023, some bull shit like that.
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I'll bet you 50K against your 10K that that doesn't happen (NH touch on SPX cash). Must be agreed upon by midnight tonight EDT.
 
Relentless said:
The news is worthless.

Even if you knew it ahead of time it does not guarantee price action will accommodate.
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I’m pretty sure that if I knew the news ahead of time I could make billions on very little capital. Just because you suck at trading doesn’t mean the rest of us do.
 
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