not anything can happen
they can't taper the program while inflation runs that hot ,if they do interest rates would spike up which they don't want... its all smoke and mirrors of 'no way' talking.
my guess is Powell would downplay or be an excuse maker as to when they change things
Also I would point to the last QE 3 which went on for over 100 weeks or 2 years when we stand at 77 weeks approx
the daily is bullish today ,what concerns me is it fell without going higher the other week technically .The best place to sell is near the recent swing highs
they can't taper the program while inflation runs that hot ,if they do interest rates would spike up which they don't want... its all smoke and mirrors of 'no way' talking.
my guess is Powell would downplay or be an excuse maker as to when they change things
Also I would point to the last QE 3 which went on for over 100 weeks or 2 years when we stand at 77 weeks approx
the daily is bullish today ,what concerns me is it fell without going higher the other week technically .The best place to sell is near the recent swing highs
#doyourownanalysisordietryin
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