BlueHatInvestor

US100 ~ 4H Bullish Pennant (1H update)

CAPITALCOM:US100   US 100
US100 tapped & held above confluence.

US Flash Manufacturing & Services PMI release could bring in some big swings in either direction...however intuition tells me majority of implied volatility will manifest next week with US data points:

Wed - CB Consumer Confidence
Thurs - Final GDP (q/q) | Unemployment Claims
Fri - Fed Chair Powell Speech | Core PCE Price Index (m/m) | Revised UoM Consumer Sentiment & Inflation Expectations

Play-by-play looks the way..

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