I see the Nasdaq is now moving on a weekly chart level, and there are two scenarios coming up.
First possibility: next week goes straight up with a bullish candle. If a rate cut is implemented, it will most likely trigger a weekly nine-sequential pattern. This scenario could last for about 4 to 5 weeks, probably wrapping up after New Year's.
The second scenario is similar to what happened in August—the third bullish candle loses momentum. If the rate hike on the 19th is larger than expected, we could see a pullback for about two weeks to confirm the support level, followed by a rebound. However, the pace would be slower than the first scenario.
Both scenarios are possible; the key will be the strength of the policy and how market sentiment aligns.
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MysteryBoxOpener
· 12-06 11:48
An actual rate cut is the real key; otherwise, it’s just a repeat of the August pattern. Waiting until New Year’s Day would be too long.
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HodlKumamon
· 12-06 11:44
If the rate cut actually happens, will it just be another false alarm... We've seen plenty of these so-called "guaranteed bullish" policies before.
When it comes down to it, policy strength and market sentiment still depend on whether capital is willing to buy in.
Which of these two scenarios is more likely? Can you make a quick prediction?
The "nine-turn" trend sounds pretty strange—what if it reverses, then what?
We'll know the result on the 19th. If we have to hold out until New Year's, we might lose a bit more hair.
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ProposalDetective
· 12-06 11:41
It would only feel truly great if the rate cut actually happens; otherwise, we'll still have to tough it out until New Year's.
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gas_fee_therapist
· 12-06 11:28
If the rate cut goes through, the probability of the first scenario is still quite high. It all depends on whether the Fed will cooperate this time.
I see the Nasdaq is now moving on a weekly chart level, and there are two scenarios coming up.
First possibility: next week goes straight up with a bullish candle. If a rate cut is implemented, it will most likely trigger a weekly nine-sequential pattern. This scenario could last for about 4 to 5 weeks, probably wrapping up after New Year's.
The second scenario is similar to what happened in August—the third bullish candle loses momentum. If the rate hike on the 19th is larger than expected, we could see a pullback for about two weeks to confirm the support level, followed by a rebound. However, the pace would be slower than the first scenario.
Both scenarios are possible; the key will be the strength of the policy and how market sentiment aligns.