Fed Rate Cut Expected Tomorrow: What to Anticipate
1. Immediate Surge: The market quickly responds with an initial rise.
2. Profit-Taking: Short-term investors and retail traders may sell off, leading to a temporary decline.
3. Sell the News: There might be a drop as people sell following the announcement, followed by a period of accumulation.
4. Market Recovery: After some stagnation and pessimism, the market cleans up and experiences a sustained upward trend.