https://rightsideofthechart.com/mid-session-technical-analysis-12-20-24/ Stock Trading, Investing & Market Analysis Fri, 20 Dec 2024 17:48:13 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://rightsideofthechart.com/mid-session-technical-analysis-12-20-24/#comment-34383 Fri, 20 Dec 2024 17:48:13 +0000 https://rightsideofthechart.com/?p=216046#comment-34383 Austan Goolsbee of the Fed came out this morning and did an interview with his favorite cheerleaders at around 9:55am EST this morning on CNBC with one single command from J. Powell … stop the drop! In five minutes he basically said inflation at 2% is better then done, there will be more then two rate cuts in 2025, rates will drop substantially and liquidity will be plentiful! Not one hint of caution! And to the minute the charts show it was like a cattle call to all those “trillions” of dollars sitting on the sidelines. …. Honestly, they rescued the Santa Claus rally …. Look for ATH’s by New Years after today’s mega short squeeze! The market manipulation is off the charts! … Don’t fight the Fed!

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