This thing is about to take off like a bat outa hell. IF the FED decide to cut, it'll be because markets broke down and they're reacting to the news (central banks have an uncanny ability to screw things up and then overreact to them down the road). I anticipate a larger cut then 50 basis points. I anticipate 100 to 200 basis point cut, which means NVDA will collapse taking the rest of the market down with them. Then the FED will possibly cut again in September, and hold for the rest of the year (since they want to appear impartial before the election). This last half of the year will be the bubble year, and everything will moon imo. I think after TLT I'd invest the proceeds into NEM calls which is going to quadruple. As always NFA. Please follow me and turn on notifications to get my updates and thoughts on the charts as I frequently comment. Also I will be releasing an options play this Friday that will give a 10-20x return on this idea. Also, check out my previous threads as they hold details that inform on other charts, and definitely check out my previous TLT and TMF ideas.
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Retest will be complete tomorrow, then FOMC notes and Powell will make this b*tch rebound!