The 48 hours after the decision is what counts…

The 48 hours after the decision is what counts…
December 20 12:51 2018

Now that Fed Day is over we can actually find some consistent price action and see how people are leveraged and not try and guess what the algos are going to do.

Yesterday we got the Fed hike with 2 more predicted (at least 1 too many) causing a massive sell off in the market.  The market is currently in quite the predicament here. Fed hikes, rates get killed, market gets killed, gold drops (now gaining), dollar gains (now dropping big)

What the heck gold and dollar? (i.e. algos and stops) That is why doing anything but trading these days is pointless most of the time. What happens the next 48 hours is key to the direction after the Fed events.

Currently we have rates at 2.77…which I called for against all the 3.6+ hooplah from CNBC.

Now that we are here we will be assessing a new situation soon. Many assets are at VERY pivotal points including SPX which you can see below. Do we bounce, or do we crash more and faster?

After rates have spiked up, and I called for them to retreat, I still believe we are in a secular rising rate environment and eventually inflation is going to show up. With inflation comes an increase in commodity prices and since oil has gotten killed I think it will show its face soon, but I need price confirmation.

I am looking at Silver right now currently…

Silver is holding together and trying to hold multi year lows. If this can get some legs and the dollar begin to roll over (which I think will happen) I believe this will be a massive winner in the near Quarters and beyond…




  Article "tagged" as:
view more articles

About Article Author


Just Climbing the Wall of Worry and Picking the Right Time to Get out of the Way. I am a Nuclear Engineer who quit and has studied global and crypto markets for almost a decade.

View More Articles
write a comment


No Comments Yet!

You can be the one to start a conversation.

Add a Comment