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Fed Hawkish Surprise in This Rate Decision
Interest Rates Held Steady
Dot Plot Significantly Revised Upward
Rate Cuts Reduced to 1 for the Year
Powell Emphasizes Inflation Still Has Resilience
Sends Clear Signal of Higher Rates for Longer and Rate Cuts Delayed Further
Current Market Action Shows Little Volatility
Still Moving Methodically
Look for Opportunities from the Chart
Current Trend Still Bearish
Sell on Rallies
Risk-Reward Ratio Will Be Quite Good