Fed Chair or the Politicians - Whose Wishes and Actions on are Driven by Public Interest?
With the increasing politicization of the , investors are now burdened with another monstrous task - besides investment analyses - which is to read between the lines of the powerful people's statements and actions about the state of economy.
Tomorrow's NFP Friday should shed some light on why Powell might be reluctant to keep feeding the noisy calls to cut the rates deeply, and if he is justified in his restraint. Read below for our models' trading plans for the day.
The chart shows the trading levels indicated by our models for today's session. For detailed trading plans, please check on our site.
NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS:
(i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s).
(ii) The results of these indicated trades would vary widely depending on the timeframe you use (1 minute, or 5 minute, or 15 minute or 60 minute etc), the quality of your broker's execution, any slippages, your trading commissions and many other factors.
( iii ) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk.
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