Markets are Addicted to Cheap Money, no Fundamentals anymore. They will get their overdose soon enough. I don't think this rate cut is the final dose but Q4 and negative rates will be the final dose that k++++ the host. Historically first 2 rate cuts induce 10-20% rally but this time experts think its already priced in. Since December people bought the rumor and possibly sell the news??? Minimum price Target 20000.
This Negative Divergences are not a Sell signal but it is telling as Trend Change is likely!!!!
This Negative Divergences are not a Sell signal but it is telling as Trend Change is likely!!!!
