Queengirlypops
09-18 19:35

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@Barcode$NVIDIA Corp(NVDA)$ $SPDR S&P 500 ETF Trust(SPY)$ 🎯📊 The Fed’s Next Move: Pattern Seeds, Dollar Doldrums, and Market Volatility! 📊🎯 Tēnā koe i tēnei ahiahi everyone! 🚨📰🗞️🅱️arcode’s Broader Market Update for the 18th of September; NZ 🇳🇿 time. Tomorrow’s trading is like preparing your garden for a storm⛈️🌀, you’ve got to tend to every detail or risk your portfolio getting swept away. With the Fed decision looming, we’re gearing up for volatility, so buckle in! 🌪️🌩️ 💲 US Dollar: Drifting in the Doldrums The US dollar is acting like that plant in your garden that’s been overwatered....drooping under pressure. Currently trading near one-year lows, the dollar is facing a perfect storm of weak data and speculation over a significant rate cut. The US dollar index has dropped 3% since August, leaving traders eyeing its next move with anticipation. Meanwhile, currencies like the yen and pound are blooming, putting even more downward pressure on the greenback. But here’s the kicker, traders are betting on a 0.5% rate cut, which would knock borrowing costs down and potentially push the dollar into a further slump. Like trying to stop a landslide with a garden hose, a weaker dollar could hit certain sectors hard, while others may rally as we saw in past years around Fed days. 🌧️ 📊 Pattern Trading Insights: Cycles That Keep On Spinning Ah, pattern trading, the rhythm of the market, where history loves to repeat itself like the best-timed rain on your seedlings! Right now, we’re watching the same stair-step pattern unfold that we saw from March to June and July to October last year. This pattern has been a reliable indicator of market direction, and it’s showing up again at just the right moment. These yearly repeating patterns are crucial. Whether it’s triangle breakouts, double-bottoms, or the trusty head-and-shoulders, they help us navigate choppy waters. It’s like knowing when the tui bird will sing, timing is everything! These patterns show us the market’s mood, particularly around Fed announcements. If the Fed goes for that juicy 0.5% rate cut, we might see some serious breakouts in tech and small caps. But don’t get too comfortable, patterns like pennants and flags warn us to be cautious of overreaction. The market tends to double-back just when you think it’s set to soar. 🚀 Broader Market Indices: Ready for Liftoff or Breakdown? • Dow Jones: 41,606.18 (-0.04%)—Like a tree in the wind, this one’s bracing for the Fed’s gust. 🌳 • NASDAQ: 17,628.06 (+0.20%)—Tech stocks are itching for a triangle breakout, just waiting for the Fed’s green light. 🚦 • S&P 500: 5,634.58 (+0.03%)—A cup-and-handle pattern is forming, and tomorrow’s decision could either fill that cup or spill it! ☕️ 🔮 Sector Highlights: The Dollar’s Impact • Small Caps: If the Fed surprises with a smaller cut, expect false breakouts here, like plants that shoot up after a drizzle, only to wither in the afternoon sun. • Biotech: These stocks could bloom in a low-rate environment, but keep your shears handy, whipsaw price action is bound to happen. 🧬 • Gold: Traditionally a hedge in times like these, gold might sparkle as the dollar weakens, but don’t count on it if the Fed holds steady. 🏆 • Silver: Businesses in Pakistan are rapidly turning to cheap Chinese solar panels to offset rising electricity prices, making solar a critical part of their energy strategy. This shift is driven by both economic necessity and environmental concerns, but it risks making the national grid unaffordable for those who can’t access solar. For silver and $EXK (Endeavour Silver), this is very positive. Silver is a key material in solar panels, and with Pakistan becoming the third-largest importer of Chinese panels, demand for silver will likely rise, boosting prospects for silver producers like EXK. As more countries adopt solar, silver’s role in renewable energy will only become more crucial, making this a bullish development for the metal and EXK. 🎯📊🚀 Volatility Ahead – $SPX 1hr Cheat Sheet 🚀📊🎯 ✨ Tomorrow’s looking wild, Tiger traders! Here’s your $SPX 1hr breakdown: 🔵 Current Top: 🟦 $5629 holding strong 🔶 Gold Levels: 🟡 Top: $5676.5, $5710 🟡 Need $5710 to hold for a shot at $5748.5 – but let’s get there first 😁 🟣 Purple Range: 💜 $5676.5 to $5748.5 – this zone is in play if $5710 holds 📉 Key Supports: 🔵 Lose $5630? Next support at $5606 🟡 Gold mid: $5573.5 🔵 Blue mid: $5538.7 ⚡️ FED times: 🕑 Fed announcement at 2:00 PM EST (that’s 6:00 AM NZST 🇳🇿 🕕) 🎙️ Powell speaks at 2:30 PM EST (set your alarm for 6:30 AM NZST🇳🇿 ⏰) 🔥 Time to buckle up ~ it’s gonna be a rollercoaster! 🎢 🧠 Fun Fact: Did you know that triangle patterns, often seen before breakouts, frequently form around major market-moving events like Fed decisions? It’s like waiting for that first bloom in spring, timing is everything! 🔮 Looking Ahead: Navigating Volatility Through Patterns With the rate cut hanging in the balance, tomorrow’s session is likely to see sharp price swings, false breakouts, and quick reversals. This is where our old friends—double-bottoms, head-and-shoulders, and pennants, come in handy. Keep your eyes on the stair-step patterns I’ve been tracking for months. If history repeats itself, we could be in for a wild ride, but we’ll be ready to harvest the gains. 🌾 🗣 Hey Tiger Traders: Are you eyeing the same yearly patterns that I am? How are you preparing for tomorrow’s volatility—are you all-in or ready to trim back those positions? Let me know your thoughts! What are the most effective strategies for navigating pattern-based trades during major Fed announcements, and how can traders manage risk in volatile markets@TigerGPT? Happy trading ahead. Cheers, BC 🍀 @Tiger_comments @TigerPicks @Daily_Discussion @TigerStars @TigerPM @Daily_Discussion @SPACE ROCKET @koolgal
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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