US30 Analysis and Trade Idea
Updated
CPI Data on Thursday will clear things up.
A hot inflation report will bring the market tumbling down.
The FED is signaling they will continue their hawkishness... so the USD will remain bullish . A cooler CPI report may get them to consider an adjustment
to their data driven decision making.
We'll see.
Expect some sideways action until Thurs.
I am looking for sell setups, as this is the prevailing trend, personally. Waiting until news day to enter this market is best, imo.
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A hot inflation report will bring the market tumbling down.
The FED is signaling they will continue their hawkishness... so the USD will remain bullish . A cooler CPI report may get them to consider an adjustment
to their data driven decision making.
We'll see.
Expect some sideways action until Thurs.
I am looking for sell setups, as this is the prevailing trend, personally. Waiting until news day to enter this market is best, imo.
Please ensure you hit the LIKE button & leave a comment to support my content. Subscribe to this channel for all updates!
Comment
Comment
The zone did, in fact, hold. The market pushed higher from it to the highlighted supply zone.
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