#CPIWatch US CPI data is coming today at 8.30 am ET, one hour before the US market opens.
( Short - Lower CPI = Fed Rate cuts = More liquidity flows to market = Pump )
So the Expected CPI today is 2.8%,
But We believe it will be 2.8% or lower.
If the CPI is 2.8% or lower = Pump
if CPI is 2.9% + = Short-term dump
FED have to cut rates in September due to bad job data so higher CPI won’t really affect the Fed’s decision. Lower CPI will just give more confidence.
Trade carefully because market makers will try to liquidate both sides with high volatility. Stay away from leverage, you really have to do it, use very low lev