At 2 AM, the FOMC interest rate decision is highly likely to meet market expectations of 25 basis points, and the market has already rebounded in advance. It all depends on how Powell speaks at 2:30. The market has been in a wide range of fluctuations for quite a while at this position, and I have a feeling that a direction will emerge soon. It is expected that this rebound is just one last shiver away before we can start looking at a comprehensive bearish trend this year, and the dip-buying position we will wait for next year will be unimaginably low!
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At 2 AM, the FOMC interest rate decision is highly likely to meet market expectations of 25 basis points, and the market has already rebounded in advance. It all depends on how Powell speaks at 2:30. The market has been in a wide range of fluctuations for quite a while at this position, and I have a feeling that a direction will emerge soon. It is expected that this rebound is just one last shiver away before we can start looking at a comprehensive bearish trend this year, and the dip-buying position we will wait for next year will be unimaginably low!
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