So many on twitter saying that the market should if dropped 5%-6% yesterday after Bullard's comment on interest rates.
Meanwhile the market opens higher today.
Then it weakens.
Difficult to understand this market right now.
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Still seeing buying pressure after that gap fill, next 30 min candle to confirm
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Dunno whether market goes fully bullish or they do a rug pull on bulls today 🤔
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The market is currently priced for a pivot not a slowdown in interest rate hikes. There’s a big difference, but eventually the market will get it right
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I don’t even try to understand it.
No predictions. Just reacting.
Adapt or die.
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