MKT UPDATE: 98% Certain Fed will Announce 75 bps in 3hrs (Patreon)

The graphic is a ranking of what I look at from my master list - FX Oil Gold SPX etc ranked by top performers of the day.  This is how I get a feel for the market moves at a glance. 

Federal Reserve is expected to increase the official cost of borrowing by 0.75 percentage points for the first time since 1994. This is a big move but market seems to have it fully priced in at this race and the market is front running the announcement.  100 bps and we will tank.  

CryptoPocalypse (crypto systemic contagion) continues with more shoes left to drop.  Celsius have shored up their collateral on WBTC to $14K liquidation price.  Celsius are also working with Citibank to examine offers and alternatives.  I pray Nexo will take it over and make Celsians whole or at least 80-90-95% whole.  There is no coming back from this as there is no longer any trust. 

Tether right now could also have exposure to Celsius and has been bleeding out customers for quite a while now. 

MSTR have pledged more collateral. 

Tron USDD will go down. 

3AC is a hit to the market and more shoes will drop. Everything is cascading. 

In good news - OIL is down at 116 and MSTR GOOG TSLA are rallying.  Bitcoin Dominance continues to fall.