US Financial Markets facing CPI after US Down-Graded to AA+
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.
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.
Note
S&P 500 Technical Analysis *Daily (tf)
Note
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
Note
VIX spiking up today 10% +Note
SPXNote
SPX (S&P500) *D (tf)
post Jackson Hole event (limited upside)
Note
SPX (update)Note
Major US Financial Markets having an explosion day on September's CPI # numbers reading for United States 
USIRYY Note
* * * October's CPI#Note
SPX- Just a shy 1% away from All Time High.
Will it pierce through and create a NewATH ?
Taking profits on that level, aswell looking for rejection and shorting opportunities.
TRADE SAFE
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