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Family members! Powell's term ends and Waller takes over, the Federal Reserve officially changes leadership, a major bearish signal for shorts!
The subsequent rate hikes and tightening will only become more aggressive, do not foolishly hope for easing and liquidity to bring a rebound!
The trend is set, bears are fully in control, I firmly remain bearish through this downward move, blindly bottom-fishing against the trend is just catching flying knives at high levels!
Follow the trend to go short steadily, during the sharp decline just relax and eat the gains, anyone going against the trend will suffer๐ฅ
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