Potential Bad CPI Data
recent reports have suggested that inflation is moderating but remains sticky in key areas like services. If the data shows stronger-than-expected inflation, markets could respond negatively, with expectations of prolonged restrictive monetary policy. Conversely, a softer reading could boost market optimism and ease pressure on bond yields and the dollar. Ultimately, it hinges on the components driving inflation.
Also Nasdaq looks like a h&s
Also Nasdaq looks like a h&s
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.