![](https://i.imgur.com/CLvY2jA.png")
17-04-2024, 09:14 PM
Both indices have risen due to expectation of rate cuts by FED up to 6 rate cuts.
However given due to inflation remaining high FED chairman Powell says the rate cuts will be slow and fewer.
Analysts now project 0 to 2 rate cuts.
This low number of rate cuts is not enough to sustain the market at such a high level.
It is therefore smart to take advantage to SHORT ...pro traders are doing this for profits.
![[Image: IqecaL8.jpeg]](https://i.imgur.com/IqecaL8.jpeg)
However given due to inflation remaining high FED chairman Powell says the rate cuts will be slow and fewer.
Analysts now project 0 to 2 rate cuts.
This low number of rate cuts is not enough to sustain the market at such a high level.
It is therefore smart to take advantage to SHORT ...pro traders are doing this for profits.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
