thread and pon

[mogembemglung]

Does anyone remember this trend line? Just like that time when they made a night cut with the DJI, just when we were losing a trend line... comes the surprise cut to intervene. It’s already the second time that this happens right on the edge of losing a technical support. Is it really always by chance that this happens at these levels? By the way, the future of the DJI reached minimums in 11,451, right where the March/April 2007 peaks were ? support. And the gold? At $851, the November 2007 peak turned into support. Come on, or someone is breaking away from laughter behind the backstage or this is all really crazy. Anyway, I’m quite intrigued what will happen to the closing of today or tomorrow. Trust in the price.

[oxsomo]

Look at it this way: the FOMC meeting was already near, so from the fundamental side they could have waited... But by the time that date came, the graphics would be even worse and it would be late from the technical point of view. That’s why I think they acted already, before the market fell down (it’s my opinion

[jasaga2003]

For me this cut is important if we see it from the logic of cause-effect. The Fed usually acts reactively with the intention of having control over inflation. But when they make a surprise cut like this, they are no longer reacting: they are improvising. That changes the whole picture and breaks the usual correlation. As the Fed moves more towards the effect side of that cause-effect relationship, it loses more and more the ability to generate the reactions it seeks in the market. Its decisions begin to look more like desperate attempts than to a coherent monetary policy. The Fed seems to be losing control and is becoming a puppet of its own economic creation. The one scratching his ass... that does not bite his nails.

[OxnuyVanessa]

Very well said. You said: invent 90 more answers for this thread of forum between

[Moko8]

and long (two paragraphs). Remember to maintain the numbering of "

[mogembemglung]

" and of

[PVGiego91]

; If you want me to continue with more answers in this style, tell me; (Continue with more answers following the same line...

[cenpkxxu]

Those who move the threads know perfectly well where the key levels are, it's like they have the graph in front of them because they have it.

[Muiz]

Your déjà vu is totally valid. It gave me the same feeling: just when it seems that the structure is broken, zes!, intervention.

[memymogmy]

It's just that the Fed doesn't act like it used to. Now it seems like it's waiting for the market to scream to react.