US Financial Markets facing CPI after US Down-Graded to AA+

By Mr_J__fx
Updated
- Emerging Markets are in a paranoid state due to Major US Financial Markets nearing
scheduled date of CPI numbers releasing day.
Consensus forecasts are anticipating Inflation to steadily
go up for the rest of 2023 and entering '24

10'th of August/23 will be a very important day for The Global Financial Markets.
Casualties might follow soon due to the turbulence of this frenzy economic environment created.

Is US about to enter a recession ?
Or do you believe Powell's joke of 'Soft Landing'
How about another joke Powell ...

Note that US technically had entered recession by two negative consecutive Quarters,
however, it got 'saved' by promising growing employment numbers.
Seems like Feds are masters at postponing cascading tragedies,
great tricksters filled with riddles.

With Euro-Zone being officially in Recession for a while now,
it's just a matter of time for US fate to be sealed.


Why learn economics !?
Broader and clearer pictures to strategize your investing/positioning and smaller
time frames trading decisions, be it swings, intradays or scalps.

Seems like it is enough today for a good poker player and a gambler to trade the markets.
How many times can you get lucky in repetitive motion and consider making in to trading
for a living ?!
Not long .
Open your horizons and explore financial literacy to be more in touch with
Facade of Financial Markets.



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S&P 500 Technical Analysis
*Daily (tf)

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DJI
Break-out Weakening (Press 'PLAY' button and zoom in)
Break-out level (+CHoCH) must hold otherwise , turn around coming with CPI# closing in on 10th

$DJIA -Awaiting Apex's End (break-out)
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VIX spiking up today 10% +
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SPX
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SPX (S&P500)
*D (tf)
post Jackson Hole event (limited upside)

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SPX (update)
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USIRYY Today (12 October 2023) its the next CPI # numbers release .( USIRYY)
This month's CPI number will help the Feds for their next USINTR decision scheduled on 20/Oct/2023

Markets post AA+ so far have printed a leg down and another one up,
consisting on a bearish trend HL LL

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Major US Financial Markets having an explosion day on September's CPI # numbers reading for United States USIRYY
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* * * October's CPI#
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SPX
- Just a shy 1% away from All Time High.
Will it pierce through and create a NewATH ?
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Taking profits on that level, aswell looking for rejection and shorting opportunities.

TRADE SAFE
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US Major Financial Markets continue rallying over lower CPI numbers USIRYY and steady USINTR .
(Q4/2023)
VIX at historical lows
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SPX on its way of printing the seventh Greens *D candlestick.
About to face technical resistances marked in red

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CPIeconomyFundamental Analysisfundamental-analysisindexesindiciesinflationrecessionStocksunitedstates
Mr_J__fx

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