What if it all ends up dovish?

12 ביוני 2024

Fundamentals & Sentiment

NASDAQ100:

- Nvidia holds a strong uptrend

USD:
- Yields & USD are underperforming from yesterday
- The upcoming CPI consensus is lower than the previous

Technical & Other

Setup: TC(B)
Setup timeframe: 4h
Trigger: 4h
Medium-term: Up
Long-term: Up
Min target: Fib ext
Risk: 1.04%

*Pretty wide SL as I expect attempts to flush out buyers before CPI release/ heightened volatility at the release. If CPI is at least in line with consensus, I'll keep holding into FOMC. I might hold into FOMC only in case of gains at least 0.5R prior to the event.

14 ביוני 2024

העסקה בוטלה באופן ידני

Closed on lack of follow through after decent miss in PPI and cold Initial Claims.