At the end of the day, this is where a lot of people bounce back based on „value”, but they can wax themselves if they’re not careful. , The NASDAQ 100 is up more than % over the weekend as traders completely ignore signs of inflation. At this point, Wall Street is convinced that because the Reserve Bank of Australia blinked, the Federal Reserve is going. Having said that, the ECB didn’t, so extrapolating it is clearly what you want to hear. Advertisement IS MONEY READY TO WORK FOR YOU? TRADE NOW At this point, the 50-day EMA is higher and could cause headaches. I think given enough time we’ll probably see signs of exhaustion in this market so we can start shorting, but right now it’s clear we’re in a huge bear market rally. Although these things can make a lot of money, they also end very abruptly, making them very difficult and difficult to navigate. That’s why I would be very careful about sizing my positions, but I also understand that if the market suddenly decides, it could very well tear one or the other apart. Wait for signs of exhaustion to short this market I suspect the market will continue to pay attention to the Fed statement and Wednesday, and I think there will very likely be a lot of disappointment. After all, Jerome Powell has given no indication that he is worried about tight monetary policy. In fact, he said directly that he is more concerned about inflation, which means the Fed will remain very tight on monetary policy. If so, that doesn’t bode well for tech stocks. Meta, Alphabet and Amazon were slightly oversold. These stocks will bring enough commodities higher in this market. At the end of the day, this is where a lot of people bounce back based on „value”, but they can wax themselves if they’re not careful. The market still has a lot of problems and should continue to keep volatility slightly high. While volatility is high, investors don’t feel comfortable holding stocks for bigger moves. Frankly, I think this is a market where, if you wait long enough, you will have the opportunity to go short in the event of a sell-out.