S&P500 - dangerous break
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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