Tonight's focus is on the CPI data

There hasn't been much change in the expectations for the year-on-year data

The monthly inflation increase is due to the impact of the tariffs imposed by Uncle Sam

However, last month, on the 9th, he announced a 90-day delay in the tariff strategy, which may cause the actual value of this data to fall short of expectations

Powell's relatively tough stance last week indicated a strategy to maintain two missions without cutting interest rates in the near term

So tonight we may see a slight increase in inflation, but the actual increase may not meet expectations, leading to a slight rally followed by a quick drop, completing a top divergence pattern on the daily level, and simultaneously inserting a pin on the daily chart

If you currently hold long positions, consider selling when the sentiment is released. If you want to short, you need to wait for the data to be published.