The idea is on this FAZ 15 minute chart. This is a ply on the idea that a rate cut may get kicked down the road and a rate increase may come into consideration as a result of the report of "sticky inflation".
Please have a look at the last time that the FED began lowering rates; they began with 25 basis points, and they ended at ZERO percent.
my dearest **** u to feds for raising rates and draining my puts. i love it.