Big Funds took FOMC profits: Bigger ones Bought
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Housekeeping: This is long. You’ve been warned
Some quotes:
Highers Lows in Oi and Price with shorter cycle duration= Event Hoarding..
And they’re baaaaaack..banks must be shitting a brick now as
FOMC, bullish as it was, triggered profit-taking but funds starting buying it back up 2 days later. That is predictive of things between now and the election
The week should start higher based on how market reacts first few days after 20k buy ins.
The one thing that will trigger some selling without an event will be…
The skinny
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