2 plans for autumn 2022
1. IF OIL PRICE GOES DOWN CONSISTENTLY
This depends on the war of Ukraina - Russia + China economic situation. If then, DBC would decrease -> Inflation would be cooled down.
In this situation, the possibility of FED raising a great rate in next Sept would be low, provided that market price slows down as current.
However, FED would still at...
* FA:
- Payroll change is increasing
- Jobless rate decreasing
--> FED tends to increase rate --> USD go up
* TA:
- Month: Go up
- Week: Not yet clear
- Day: Up
* TREND:
- In short term (1-2 days) line goes down
- In long term, line up
*** CONCLUSION
Wait for signal candle, would be around Weekly Support to go long.
