Last night there was a big pump, normally in the morning many people would be shorting, but I chased rising prices instead. Today, it is highly likely that the market will continue the trend from last night. The probability of a 25 basis point rate cut in December has also increased, the bull is back, and for the next few days, everyone will be trading on expectations, just mindlessly going long.
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Last night there was a big pump, normally in the morning many people would be shorting, but I chased rising prices instead. Today, it is highly likely that the market will continue the trend from last night. The probability of a 25 basis point rate cut in December has also increased, the bull is back, and for the next few days, everyone will be trading on expectations, just mindlessly going long.