CINDYTAN
11-15

[Happy]
@ZEROHERO：
I closed $SPY 20241115 595.0 CALL$ ,Auto take profit activated at 13% within an hour before Jerome took centre stage. Just 10 minutes before 4pm, the trade met its goal and price action dives as VWAP rejected the powerful surge amid the Fed chair makes his appearance. Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far and how fast to lower interest rates. Hence, there is no hurry whatsoever to lower rates. This news disappoints the market as there’s a 60% expectation of a quarter point December cut factored in prior. We could see a losing week at Friday’s close but if dip buyers stay sidelined or traders dump before the next pump.
I closed $SPY 20241115 595.0 CALL$ ,Auto take profit activated at 13% within an hour before Jerome took centre stage. Just 10 minutes before 4pm, the trade met its goal and price action dives as VWAP rejected the powerful surge amid the Fed chair makes his appearance. Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far and how fast to lower interest rates. Hence, there is no hurry whatsoever to lower rates. This news disappoints the market as there’s a 60% expectation of a quarter point December cut factored in prior. We could see a losing week at Friday’s close but if dip buyers stay sidelined or traders dump before the next pump.

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