- CPI session.
- I have no bias for this session due to CPI.
- I expect to see a bearish session targeting Asia’s RELs and PDL.
- PWL and equilibrium of the monthly FVG would be my perfect target.
17 January 2024
•Gold price has extended its losses to near $2,017 and is expected to decline further towards the psychological support of $2,000.
Technical Analysis: Gold price drops to near 50-day EMA
Gold price continues its downside below $2,020 after Fed Waller's hawkish remarks about interest rates. The near-term demand for Gold is not bullish anymore as...
🚀 Ethereum Analysis Update - Buckle Up! 🌙
1.)Waxing Moon Influence: 🌔 The mystical waxing moon cycle has graced us! Brace yourselves for potential shifts in market dynamics. History shows it can be a game-changer, so keep a keen eye on its impact.
2.)Bearish Divergence Alert: 📉 A bearish divergence is playing out on the daily chart - the market's way of...
After those Put options went to the target:
My timeline for SPY S&P 500 ETF after the CPI report on Feb 14 is this:
1. CPI data will come better than expected. The medium forecast in 6.2, I expect 6 - 6.1.
- The market will be exuberant afterwards and SPY will reach $431 by March 1st, thinking that the FED won the fight against inflation.
2. While inflation...
Welcome back! Let me know your thoughts in the comments!
** USDJPY Analysis - Listen to video!
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