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CPI Data collapses US markets - Watch For Rally/Reversion higher
Cycle patterns indicated a GAP/TOP for Monday/Tuesday. Then, they indicate a potential reversion/rally for Tuesday/Wednesday.
After watching the deep selling related to the CPI numbers, I would not be surprised to see a very strong rally/recovery over the next 48 hours in the SPY and other US Indexes.
News-based reactive moves like this are often erased over the next 24 to 48 hours as traders realize the true capacity of the future economic trends.
Stay tuned.
After watching the deep selling related to the CPI numbers, I would not be surprised to see a very strong rally/recovery over the next 48 hours in the SPY and other US Indexes.
News-based reactive moves like this are often erased over the next 24 to 48 hours as traders realize the true capacity of the future economic trends.
Stay tuned.
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-- Special TradingView Tools
-- Automated Trading Systems
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-- More..
Join Ment.Com Expert Growth Today
Get Some.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.