PCE data is coming in hot, can the market bulls strike back again?
I. News
1. Market News
From the market trend perspective: the current price trend and the influx of funds are showing a lack of coordination, and we are saying that the peak is too high. The influx of funds may decrease in the future, and the price drop will also manifest. The bullish news in the market has come to an end, and tonight's PCE data is our key focus.
2. Market Sentiment
From the perspective of market sentiment: the sentiment index is continuously declining, making it difficult for market prices to experience significant short-term increases, and there is a high probability that it will continue to fall with the market's decline.
3. Institutional Positioning
From the perspective of the market makers' positioning: the market's institutions have shifted from previous net inflows to net outflows, indicating a directional change. Moving forward, the wind may shift, potentially constraining the market's upward space. #wct $WCT