Economic Waves: FOMC Showdown

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Good Morning, Wave Rider!

🚨 All Eyes on the Fed 🚨

As the bond market ramps up the probability of a 50 bps rate cut, today’s Fed decision could shake things up. While the S&P 500 briefly danced at new all-time highs yesterday, the other major indices struggled to keep up. Over in the crypto corner, prices have been holding their ground, but the market’s been stuck in a range—something’s got to give. Buckle up, because today’s decision could send ripples through every asset class.

This week, our Technical Analysis covers BTC and ETH. We cover FSM on stocks. Follow the detailed plans carefully and pull the trigger only at the recommended levels. Finally, we provide updates on trading exchanges, Crypto and the AI sector. Enjoy, and good luck out there.

The Wave

FOMC Showdown: The End of Tightening? 🔥

All eyes are on the Federal Reserve today as the FOMC meeting could mark the end of tightening and a shift toward cooling inflation. With the latest CPI showing a 2.5% year-on-year increase in August—the slowest since 2021—the Fed is inching closer to its 2% inflation target. But the real question on everyone's mind? How aggressively will the Fed move next?

The markets are split. Should the Fed cut rates by 25 or 50 bps to protect the labor market and stave off a recession? Better-than-expected retail sales data, with a surprising 0.1% rise in August, suggests the economy remains solid. This unexpected strength gave the U.S. dollar a boost, leaving investors guessing if the Fed will go easier on rate cuts.

Today’s decision will be pivotal. It's the first expected rate cut since March 2020, and we’re betting on a 25 bps reduction with Powell delivering his usual dovish, data-dependent guidance. A larger cut could rattle the markets, while no cut at all might cause them to tank.

Buckle up, folks—this could be a market-moving event. 🚀

We rode the wave!

• RIVN - RIVN at 13.23, called the long to 15, and it rode to 14.07 Surf's up!

• ETH - We dove in at $2.4k, and rode the ETH wave all the way down to $2,260. Surf's up!

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