Fed Day Squeeze Play

The US Fed rate hike decision will be announced on March 22.

Stocks printed their yearly cycle low back in October. The markets reaction could indicate if the October was not only the yearly cycle low, but also an early 4 year cycle low. A bearish break out of this multi month consolidation would indicate that the 4 year cycle low is still in front of us. But a bullish break out of consolation will signal that October was an early 4 year cycle low and that stocks are entering a new bull market.

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