A Try for 500 or correction?

6 ŞubDirectional movement consolidation. We hit CPI of 3% month over month and for the year. Recent fed talks with Jpow basically saying no rate cuts for March. We should get 3 this year but the market is still pricing in what 6?; some people say.

Anyway. I have no idea, put your money where you mouth is. I'd like to yes check 500 again.
NVDA did fall to 660 today temporarily. Rest of the Ma7 did well.

tdlr: We missed numbers, no rate cuts, but market goes brr?

6 Şub

Yorum

Also forgot to add. Middle black line is the ATH for 2022, the lowest black line was ATH for 2023.
The highest black top line is what I considered the resistance/support/supply/demand call it what you will but its the general floor of this recent stall