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. But there's always short term Opportunities with these ranging movements Stay Nimble & Keep Cash ๐ฐ A Big Game changer will definitely be the Breakthrough of the US -China talks But there's no sign of this happening soonest ๐From the S&P500 weekly chart ๐๐, if the Low 4835.04 is taken out, this will trigger a potential Next Selling wave ๐. Prior to this, I will view that the market will be Super Choppy & Ranging . But there's always short term Opportunities with these ranging movements Stay Nimble & Keep Cash ๐ฐ A Big Game changer will definitely be the Breakthrough of the US -China talks But there's no sign of this happening soonest ๐
. But there's always short term Opportunities with these ranging movements Stay Nimble & Keep Cash ๐ฐ A Big Game changer will definitely be the Breakthrough of the US -China talks But there's no sign of this happening soonest ๐FOMC Decision: Are 3 Rate Cuts Still Possible This Year?
Currently, the market widely expects the FOMC to keep the federal funds rate target range unchanged at 4.25%โ4.50% in this weekโs policy meeting. Last Fridayโs stronger-than-expected April nonfarm payroll data has given the Fed more room to hold steady. The market is still pricing in roughly 75 basis points of rate cuts this yearโequivalent to three 25-basis-point cuts. But is the market being too optimistic? If rate cut expectations shift again, could the market come under pressure once more? As the broader market begins to pull back, what impact will this weekโs FOMC meeting have?
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