https://preview.redd.it/39ym72yt4sx91.jpg?auto=webp&s=5876d0e65f9d882351f44588d75258ad08cb236c
Looks like we rally downwards.
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Or is it bullish that the pattern has been broken?
It’s gotta pump first to get rid of the puts, then it dumps.
>This is correct. Each time the Federal Reserve has increased rates, there has been an initial stock sell-off followed by a rally when Chairman Powell delivers his remarks. This pattern suggests that investors are concerned about the impact of higher rates on the economy, but are reassured by Powell’s comments indicating that the Fed remains committed to supporting growth.
