This chart is very clear. CPI data has dropped for 6 consecutive times but is higher than market expectations. It still hasn't completely cooled down inflation! Interest rate cuts are still needed. Some traders bet on a 25bp cut, which means that there will still be a subsequent increase!
You may have misunderstood what CPI said before, that I would buy more at 606, and I would sell short at 616. CPI should respect 1,000 dollars!
Let's wait for the defensive battle of 60,000 together!
There is an idea in the chart; can you discuss whether it is so logical?
