Mystrategicforecast

Today was fed day and it's over.   We like to call it Kabuki theater, but for the purposes of this discussion said day is behind us.Markets continue to play the same game. Light volume higher prices.The FED lower interest rates by 25bps.   nobody cares, what they really care about is that the FED has a put underneath the market. The whole idea of the FED is that the marketplace has confidence they will always come to the rescue. If that ever subsides or is not believed by market participants, that's trouble for the equity markets and the bond market.The analysis we do is strictly technical analysis using Candlestick charts and moving averages only. We don't use lagging indicators, and we don't use indicators that don't work.Anyone who is looking to learn technical analysis and how to read charts and how to read the market, can tune in and gain a complete and comprehensive understanding every night. See acast.com/privacy for privacy and opt-out information.