It's embarrassing; I misjudged PCE expectations in advance, but it doesn't affect my confidence in the bullish outlook for the market.
The authenticity of the data has no significance anymore, it’s all manipulated by the Americans. Let's return to the market itself; the analysis of the Vegas channel supports 106400-106600. The 4-hour Bollinger middle line has shifted upwards to support 106800 after the release of bearish energy yesterday. The market trend is bullish, with the dividing line at 106200. If it breaks and holds above, there is an opportunity to pull back to around 105000.
Long positions near 106600, then look for 108000-108300. If it breaks below 106200 and holds, hedge short and look to exit near 105000, waiting for a pullback to a higher point while combining indicators to see if we continue to aim for a bullish break above 106600 or not, choosing to continue hedging short!
If there is indeed a change in the market affecting the 12-hour and daily indicators showing bearishness, then bulls can take the lead, while shorts can capture swings, achieving overall profits for both sides. However, currently, the indicators show no changes in the overall bullish trend.
The above is my personal analysis and trading system, for reference only!
