Hey tradomaniacs,
TP quickly hit and now im short.
Technically we see a fakeout and a good chance to short.
Recent PPI shows that its not impressive and priced in to see a lower inflation in the US... Inflation has generally been no topic anymore as peak has been reached.
Now its more the fact that raised rates and upcoming rate-hikes into a recession will cause big problems... I exppect more risk-off!
Market-Depth has shown absorption!