The fed will raise rates tomorrow by .25% ?

Im guessing they do. Had it not been for the banks, they would go .50%. Unless the fed knows something much more ominous looms around the corner, I dont see them pausing.
Inflation is still high and housing barely came down altnough activity slowed.
 
Im guessing they do. Had it not been for the banks, they would go .50%. Unless the fed knows something much more ominous looms around the corner, I dont see them pausing.
Inflation is still high and housing barely came down although activity slowed.
%%
THAT;
or 00.000%.Good eggs\ downtrend;not sure the Fed watches that
Like the GS older CEO [older than David Solomon] told the WSJ ''things are usually not as bad as they appear.''
I mean that CA bank takeover could have include all the fake crpto cr*p\ but it did not.LOL.:D:D Like the jumping black singer from chicago USa sang;
got more than my share,,
Halleluiah, i'm a millionaire.[Us dollars context Red Rocks Homecoming Song ]:caution::caution:
 
Should be fun with the Triple Top on NQ

Screenshot_60.png
 
The fed will raise rates tomorrow by .25% ?

-For sure!!! Most likely it was planning to raise the interest rate by 50 bps but due to the multiple bank failures recently that everybody is blaming the Feds on, it's going to just stick with the 25 bps.
 
Pause.

Nope. A pause sends the wrong message about the stability of our banking system, and 50 beeps signals a devil-may-care attitude by the Fed. These would both be bad for markets.

I reckon' they'll do .25. The real key here though, which it has been for forever, is the messaging Powell gives during his Q&A. THAT is where the rubber meets the road. Will he relent or will he stand strong as the questions roll in? This one could be a doozy.

Truly the best of both worlds would be to just do the .25, and say "we are now going to stand back and let our increases filter through the market, and re-assess in the fall."
 
Should be fun with the Triple Top on NQ

View attachment 309665
That could be a possible Double Top with classic entry on close below the Doji Sandwich at 12000,
but if the Doji Sandwich prevails it means further upside follow through. Let's see what happens.
Watch for Setups and Triggers.
Double Tops
https://elitetrader.com/et/threads/...t-right-here-baby.335635/page-18#post-5309309
Bigalow Doji Sandwich Setup
https://elitetrader.com/et/threads/...t-right-here-baby.335635/page-27#post-5568334

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THERE WILL BE NO RATE HIKE TOMORROW.

Powell will reiterate his stance against inflation, but will also mention that a pause is necessary considering the current state of affairs surrounding the banking problem.
 
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