CPI DATA IS OUT
Actual: 2.4%
Expected: 2.5%
Result: Lower than expected = Bullish for the market
Expect this:
Initial dip to liquidate longs
Some sideways movement
Recovery likely within 1–2 days
Stay sharp!
Actual: 2.4%
Expected: 2.5%
Result: Lower than expected = Bullish for the market
Expect this:
Initial dip to liquidate longs
Some sideways movement
Recovery likely within 1–2 days
Stay sharp!