REMINDER 🚨
TODAY'S CPI DATA IS GOING TO BE VERY CRUCIAL AND ITS COMING AT 8:30 AM ET.
THE MARKET CONSENSUS IS EXPECTING A 2.5% YoY INCREASE, WHILE LAST MONTH'S CPI DATA WAS 2.3%.
IF CPI COMES HIGHER THAN 2.3%, IT'LL MARK THE FIRST CPI INCREASE SINCE FEBRUARY.
THE FOMC MEETING WILL HAPPEN NEXT WEEK, AND THE FED WILL DEFINITELY KEEP A CLOSE EYE ON THIS.
HERE ARE DIFFERENT SCENARIOS AND HOW THE MARKET WILL REACT 👇
1️⃣ CPI > 2.5%
THIS WILL BE BAD FOR THE MARKETS, REALLY BAD.
NOT ONLY WILL THE CPI BE HIGHER THAN EXPECTATIONS, BUT IT'LL ALSO MARK THE BIGGEST MoM INCREASE IN 2025.
2️⃣ CPI = 2.5%
THIS WILL INITIAL RESULT IN A SMALL DUMP, FOLLOWED BY A REVERSAL.
THE REASON IS THAT MARKETS ARE IN A GOOD MOMENTUM, SO NEUTRAL NEWS MEANS BULLISH NEWS.
3️⃣ CPI < 2.5%
EVERY CRYPTO HOLDER IS PRAYING FOR THIS SCENARIO.
IT'LL PUMP THE STOCK MARKET, BITCOIN AND EVEN ALTS.
IF YOU WANT TO KNOW ABOUT CPI DATA IN REAL TIME, TURN ON MY NOTIFICATIONS.