Summer RUN - Time to take the money?
Updated
Tomorrow 04/25
14:30 USD Continuing Jobless Claims 1,810K 1,812K
14:30 USD GDP (QoQ) (Q1) 2.5% 3.4%
14:30 USD GDP Price Index (QoQ) (Q1) 3.0% 1.7%
14:30 USD Goods Trade Balance (Mar) -91.10B -91.84B
14:30 USD Initial Jobless Claims 214K 212K
In case of the above mentioned data signaling no cool-down in the inflation pressure I suggest you to cover SP500 long position.
14:30 USD Continuing Jobless Claims 1,810K 1,812K
14:30 USD GDP (QoQ) (Q1) 2.5% 3.4%
14:30 USD GDP Price Index (QoQ) (Q1) 3.0% 1.7%
14:30 USD Goods Trade Balance (Mar) -91.10B -91.84B
14:30 USD Initial Jobless Claims 214K 212K
In case of the above mentioned data signaling no cool-down in the inflation pressure I suggest you to cover SP500 long position.
Note
Im confused after the data .Note
The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency (refer to “Source Data for the Advance Estimate” on page 3). The “second” estimate for the first quarter, based on more complete source data, will be released on May 30, 2024.THE GDP QoQ is extreemly controversial.
So something must be we wrong - I do suggest to everyone note the revison day, and those whos more prefer the digg-into things - bea.gov/data/gdp/gross-domestic-product
Note
Its time to short.Note
TARRGET 5 288Trade closed: target reached
Its time to say good bye for this trade, were running for long time.
Next legdown can start anytime soon.
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