Unemployment claims are lower than expected (down)
GDP is only 1.1% (the dollar will rise slightly)
Personal expenditures are fronted by 1%, soaring to 3.7% (bad)
Core PCE increased from 4.4% to 4.9% (bearish)
Analysis:
The U.S. economy is worse than expected and has clearly entered a recession. However, inflation and personal consumption are set to soar, proving that QT isn't enough. After this data, big possibility for FED to raise more interest rate. The stock market and crypto will at least dump for another 10% or more.
Personal market analysis, for reference only
GDP is only 1.1% (the dollar will rise slightly)
Personal expenditures are fronted by 1%, soaring to 3.7% (bad)
Core PCE increased from 4.4% to 4.9% (bearish)
Analysis:
The U.S. economy is worse than expected and has clearly entered a recession. However, inflation and personal consumption are set to soar, proving that QT isn't enough. After this data, big possibility for FED to raise more interest rate. The stock market and crypto will at least dump for another 10% or more.
Personal market analysis, for reference only
交易結束:達到停損點:
SL reached
相關想法
![INFINITY8CADEMY](https://s3.tradingview.com/userpics/7429954-6t6O.png)
BTC SHORT?
INFINITY8CADEMY
Plus
about BTCUSDT