Tommorow is the Biggest Event of the Month after CPI

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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Stay tuned.