Hello everyone, dont have much time to reply separate dms and still have to add other members. This is not a “signals” group but rather a mix of news, insights, TA and FA as well as trading psychology.
Today is an important day for the market, many people are waiting for a dump because they think powell will be extremely hawkish. I think not, for days have been telling one of the members that we will likely see a “ sell the rumor buy the news “ event. Indeed, it’s shaping up to be so.
I think he will leave the hikes to start in march and even lessen the amount of hikes to 3 this year. Lets see.
I have already positioned myself in atom & near, will keep you updated for any entries/exits today.
If price is thrown above 40k, i see retail fomo buying. Maybe could lead us to 50s. If plan goes sour and powell has no good news, we will go short.