🔴🔴 Volatility Alert🔴🔴
CPI Data is coming today at 6:00 PM IST.
If CPI data comes in at 3.4% or lower, then the market will pump.
But if CPI data comes in higher than 3.4%, we could see a dump as well.
Also, the FOMC interest rate announcement will be at 11:30 PM.
There will be no change in interest rates this time, but the inflation data could hint at the of a rate change in late 2024 or Q1 2025.
As a result, the market could react positively to this.
The market is going to be volatile, so avoid overleveraged positions.