Should we trust this latest pattern breakouts to usher in the new stock market phase? The FOMC cut rates by 50 bps and the stock market loved – a day later.
The big 1.7% gain prompted new all-time highs and triggered two more bullish patterns and two lofty targets. Timecodes
0:00 - Intro
0:30 - The range
1:50 - The next phase
4:10 - Three bullish patterns
4:39 - SPX 6,100
5:08 - SPX 5,900
6:19 - SPX 6,1808:08 - Potential top
9:12 - Biggest bearish patterns
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