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%,
Hopefully 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 cut rates expected in September If Today CPI data came 2.8 or lower will give confidence to FED.
Trade carefully Market makers will try to liquidate both sides with high volatility. Stay away from high leverage
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