#PowellRemarks
Are they planning a trap on Friday?! ๐ฅ๐
Tomorrow is a public holiday in the American market...
And that means actual trading this week will be very limited!
But Friday is the only day the markets might react before a new week!
But the strange part?
All the strong movements that suddenly occurred at the beginning of the week raise a big question:
Why the rush? And why now, specifically?
๐ Let me tell you what I read:
โช๏ธ The number of trading days this week is very few.
โช๏ธ The markets are exposed to any political statement without an immediate reaction.
โช๏ธ Trump is playing his usual gameโฆ loosening and tightening suddenlyโฆ and releasing very calculated statements based on timing.
โช๏ธ And here lies the crux: Friday might be an intentional trapโฆ a rapid decline, fear in the marketโฆ then a sudden rebound on Monday!
๐ก And institutions donโt move like this by chance...
Itโs clear they are taking advantage of the liquidity weakness and the distraction of traders this week to their benefit.
๐ง My personal opinion:
What we see is a smart and calculated moveโฆ
And thereโs a high possibility that Friday will witness a fabricated drop or rise, and the goal:
Confusing traders, then exploiting the situation at the beginning of the week for a completely opposite movement.
The question for you:
Do you expect Friday to be a trap and then the market rebounds on Monday?
๐ I expect it to be a trap but the smart one will benefit
โค๏ธ Just normal movements that have no impact
๐ No, the market is in a real and ongoing downtrend