Dow Future was own 500+ points yesterday, bears were everywhere and today the Fed cut 3/4 points!
Let's stop and think, how many more rate cut can they do? I don't know, but I should be looking to lock in some long term loan soon, as the rate is so low. Almost like free money.
I have been watching the futures since 6:00 am CST. It struggled up and down at the closed level of yesterday. This market can drain a lot of people's emotion. So position size your trades and on do trades that your stomach can handle.
My stomach is not so great, so I can only trade at low volatility days. Such as a few months back.
Someday the market will be nice and trending again.
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