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Strategies & Market Trends : Humble1 and Swing Trading Friends

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From: humble1	7/16/2024 11:08:58 PM
	3 Recommendations of 41062

100% chance of the first rate cut at the September Lunar Eclipse FOMC. Markets getting the memo: Message 34252966 I have nothing of real interest for a big swing tradable high until the middle of August or maybe right before Labor Day weekend. Patterns will hopefully give a clue. More. This yap roughly fits into the 9/2 high scenario I have been mentioning here for months. Again and always, patterns must confirm! Fundstrat’s Tom Lee, who’s been correctly calling the stock market for the past few years, said the rally in small caps could last for more than two months, seeing dramatic gains for this cohort. “We think this move could be something like 10 weeks and as much as 40%. I think it is just starting,” Lee, head of research at Fundstrat, said Monday on CNBC.

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