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I can only assume the cut was already priced in, hence the lack on enthusiasm. In any case, markets eventually have to test the recent low to find out if we're going into a recession or not. February should be a hot month for trading. |
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So you are saying markets will test the recent lows soon. If that is the case then perhaps it is best to go short now and take some off the table when it reaches the 1/22 lows.