[RESEND] 7/24 Will the Fed Cut?

Odds of when the fed will cut exactly, is the drawdown almost over?

RESEND OF LAST WEDNESDAY’S OUTLINE OF HOW THE LAST WEEK WOULD PLAY OUT AND WHAT WILL HAPPEN TODAY AT FOMC.

SO FAR IT HAS FOLLOWED THE WIZ THESIS PERFECTLY. WIZ BIZ BABY :)

I guess wow, finally enough data to make a comment on macroeconomic data again, it must be the week leading up to FOMC.

A lot of titles of what could be today’s paper. As I wrote in wiz chat today in pre-market expect a drawdown to 544 on SPY and then some collection to start. We ended up drawing down past 544, almost closing the gap at 537.

Conveniently though, SPY stopped right at its longstanding trendline, leaving large gaps above it.