counter_violent
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Will 30K hold.?
The fact that markets have forced the Fed to deal with inflation because of recent precipitous falls.
So yesterday reaction to FOMC 3/4 % hike sent stocks higher. The markets wanted action...Fed got forced to deliver.
I smell bear traps at these current lows. Question is...how big these bear traps. I'll be playing upside, with lots of wiggle room + multiple possies to catch any relief rally.