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First Comes the Price then the News :
As We Have two Major Event Today and Crypto Market just Chopping we went a step ahead to front run and found a Lead
Bulls Needs to see dow jones 30 Min chart gap filled (38297) by today closing or else if we closes weak below today beneath 38522 but not filling the gap, we are prone to see tomorrows Negative News as only Negative news can fill this gap tomorrow.
If the Gap is filled today positive News would take it more up tommrow as gap is already filled and Downside be more and upside is Less
SO Eyes now on today's usdt.d closing level and dow jones level to frontrun.
The current market is choppiest ever but as have successfully tore apart in bear market Nothing is now difficult for us we do more work and aagain frontrun to make you profitable at end.
Intresting times 😉
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What's Coming?
- US GDP
- Jobless claims
And the reaction will be Most strange
Let me Explain.
Till Now in this market
*Bad data is a good News*
But tomorrow GDP outcome, traders should judge by, GOOD DATA BEING GOOD NEWS
AND jobless claims data as BAD DATA AS GOOD NEWS.
Didn't understood?
Yes, BAD Data is a good news but why GDP In opposite?
Because Rate cuts are coming!
Hence if GDP data if comes as bad data,
*We will have rate cuts + lower gdp = liquidity trap and hence we will start to price in deflation*
Deflation is more serious than inflation and more dangerous .
Hence GDP should come high and there should be more jobless tommorow, this is the validation of the bullish contination.
Both are at 5:30PM
Hence, today's movement is volatile for this event tommorow and hence NO CLEAR TREND it is.
So avoid futures from now till the Event Dust settles off.
Hence, we turn Neutral and have risk very managed.
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