TintinTrading

🟩 Anticipating FED pause - Bullish

Long
SP:SPX   S&P 500 Index
The market is a forward discounting mechanism and looking back my stance is that the stock market are anticipating a pause in the FED stance. Hinted on Wednesday by FED Chairman Powell who said "smaller rates increases are likely ahead" as soon as December.

If the market is anticipating a pause, THE GENERAL MARKET INDECIES are likely to push forward. This of course is different to the actual stocks pushing up. So my stance is Discipline until I get good enough traction.

The real question is HOW MUCH HAS BEEN DISCOUNTED already?

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