RECOVERY IN SIGHT?
I have mentioned all week that for the market to recover, we need a positive catalyst, and that today at 10:30 AM we had important data from the US economy being released. The data came out neutral, inflation that had been rising has plateaued, neither increasing nor decreasing, but it has already been seen as positive for the market; nothing surprising but the response is there, observe the volume of the currency you have at 10:30 AM today and see that it had a jump in buying volume, and from there it has probably already experienced an increase of 2 to 4% at this moment.
Still nothing very significant, not the size we need to say we've returned, but it's a step we've climbed, and I think we can already celebrate a step taken, but be careful, it's still not a reversal or a sign that from now on it’s smooth sailing.
Take small profits if you are trading, I myself have already entered leveraged and am taking small profits because it’s Friday, the market should be more lateral over the weekend, and for now, that’s all there is.
We continue to monitor the macroeconomy to make the next decisions, we are still losing the war, but today’s battle we are coming out victorious so far.
