Upside Panic – Market rips, shorts slayed, after Fed rate cut

Friday 19 September 2025

Here we go

Russell takes out massive resistance area. As we have been outlining over the past weeks, play possible upside break outs via cheap options plays.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.