Yesterday I tried to short the SPX500, unfortunately, got caught in the 100MA retest candle with a tight stop. Technically there's an easy 3% downside from here for US equities.
Fundamentally US CPI data is a key driver for FED and consequentially for US equities. A higher reading would be negative for stocks in my view.
Fundamentally US CPI data is a key driver for FED and consequentially for US equities. A higher reading would be negative for stocks in my view.
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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.