Volatility Alert 🚨
🇺🇸 US CPI data will be released today at 8:30AM ET.
The market expectations are 2.5%, while last month CPI data was 2.3%.
If CPI comes higher than 2.3%, it'll be the first CPI increase in 3-4 months.
Here's my analysis 👇
If CPI > 2.5%, expect a sell-off as the chances of Fed rate cut will go lower.
If CPI = 2.5%, a sell-off will happen but the dip will be for buying.
If CPI < 2.5%, expect pump-and-dump but the market will close in green.
Except the first scenario, the market will be bullish.