/biz/ - Business & Finance

>>52375202
I don't love doing TA but the bottom was le 200 weekly MA first touch, now we're hitting the 200 SMA from above, with RSI nearing overbought levels
A lot of people mentioned it was the most retail buyers of puts ever. Now, finally, we can say they have been flushed out. We have the lowest put/call ratio since early September
Enron $74 billion lost
Crypto has been appx $30 Billion between celcius & FTX

With a lower terminal rate priced in, all the risk is to the downside now. There's no reason to believe 4% rates that are falling will be enough to defeat 7.7% inflation. So when inflation goes back to 8%, are we betting the fed pretends its working?

oversold quickly became overbought