US CPI data and US Fed Interest rate decision both falling on the same day. (This only happens 13 times since 2008!!)
Here, I look to share my thoughts on how the ES1! (S&P index futures) along with the USD Dollar Index ( DXY) can be expected to move in light of the 2 important economic news.
This is just me sharing from a top down analysis along with multi-asset point of view.
Will be happy to see your comments and know your thoughts.
ps. MYSFFT stands for: Master yourself, flee from temptation. Just like in the world of trading, it's always about mastering ourselves and avoiding the FOMO, GREED, TRIGGER FINGER, REVENGE TRADES. Its to be a misfit in the world of trading and to be a game changer.
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
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