🚨 MARKET UPDATE: Fed Cuts, Stocks Rally, Warning Signs Flash
The News:
📉 Fed Rate Cut: Down 25bps to 3.5%–3.75% range amid recession fears.
📈 Dow Jones: Broke through 48,000.
📊 S&P 500: Approaching ATH resistance at 6920–6930.
The Technical View:
While the indices are green, the charts are showing "exhaustion patterns." We are at a pivotal moment: Will the liquidity injection fuel a breakout, or is the market running out of steam at resistance?
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