@Asphen:Powell has shown the path! FOMC aftermath! - Market priced in 0.25; Powell delivered! - Market pricing in 4 rate cuts this year; Powell declined!! - MA5/MA20 was due to cross but the outcome has now shown quite clearly the way forth - Broken down below MA20/MA5; Found temporary support at 392; - Likely to break further down; Support is at 388 and 385 then 380. Key significance - A failed attempt to cross MA5/MA20 and coupled with a clear MA20 rejection could spell another leg down - Thursday 23 Mar, if MA20 rejects, and MA5 do not hold, I will be prepared for another leg down, possibly to 388/385/380 and quite extreme case 373. - My take is 385/386 is quite a stronghold and I will not go super bearish until that breaks Watch for dead cat bounce tonight and then anot
@AdamDavis:$GameStop(GME)$ For everything that is in the world—the desire for fleshly gratification, the desire for possessions, and worldly arrogance—is not from the Father but is from the world. And the world and its desires are fading away, but the person who does God’s will remains forever.$AMC Entertainment(AMC)$ He told the people, “Be careful to guard yourselves from every kind of greed. Life is not about having a lot of material possessions.”