CPI Data on Thursday will clear things up.
A hot inflation report will bring the market tumbling down.
The FED is signaling they will continue their hawkishness... so the USD will remain bullish . A cooler CPI report may get them to consider an adjustment
to their data driven decision making.
We'll see.
Expect some sideways action until Thurs.
I am looking for sell setups, as this is the prevailing trend, personally. Waiting until news day to enter this market is best, imo.
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A hot inflation report will bring the market tumbling down.
The FED is signaling they will continue their hawkishness... so the USD will remain bullish . A cooler CPI report may get them to consider an adjustment
to their data driven decision making.
We'll see.
Expect some sideways action until Thurs.
I am looking for sell setups, as this is the prevailing trend, personally. Waiting until news day to enter this market is best, imo.
Please ensure you hit the LIKE button & leave a comment to support my content. Subscribe to this channel for all updates!
Comment:
Comment:
The zone did, in fact, hold. The market pushed higher from it to the highlighted supply zone.
