Implications from these symmetry patterns on many indexes is that a very serious reaction will occur here…most likely the end and unravelling of the rally from 2009. This pattern IS a termination pattern and high probability.
Lawler: Observations Ahead of the December FOMC Meeting
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From housing economist Tom Lawler:
According to CME FedWatch, the “market-based” probability that the FOMC
will cut its federal funds rate target by 25 bp ...
4 hours ago