NAS 100 Futures - Short
Decelerating inflation and decelerating growth for February indicates deflationary pressures in play. February could potentially see a nice correction or maybe a deep and hard one. Either way, the fundamentals as well as the volatility adjusted price range both indicate it is time to be cautious and mind your risk management practices. In any case the technicals on lower time frames have begun to weaken roll over and slow. Short for now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.