The Perfect Trade for the Fed Rate Cut

September 19, 2024

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One day after the Fed’s decision to lower interest rates by 0.5%, with the plan to lower 1% more before the end of the year, what the charts might do over the coming weeks into the election has all changed.

The moves up in the markets we’re seeing suggests that short positions have been forced to leave the market. From my reckoning, this suggests that we have a pullback ahead into a choppy range.

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