🌞🌞🌞Good morning, iron brothers!!!
There is an important data release tonight, which is the US CPI for April. If the data is favorable, the probability of interest rate cuts will increase; conversely, it will decrease. The market currently predicts this will happen by July.
Last night, US stocks opened high and continued to rise, but the market showed signs of correction, with the index also experiencing a waterfall decline. Almost every time Trump has good news, both the index and the clones experience significant corrections.
Brother Qi suggests that for now, it is better to wait and see in the current market situation. Do not enter the market yet, as the index is still in a downward trend. It is not advisable to chase short positions; wait for a wave of corrections before shorting at higher points.
I will also continue to pay attention to market news, and I will layout positions when opportunities arise. Those who want to follow Brother Qi's steps can send 777!!!
