Before the start of the week, I wrote here and in my premium c | The Wolf Of Few Streets

Before the start of the week, I wrote here and in my premium channel that the current week will be calm and boring until the release of important economic data. We have come to this date, today will be published important indicators on inflation and data on unemployment in the US. This data may change investors' view of the market and send the market down or amplify the current move up. In the media, until last week, they actively dispersed fears about an increase in inflation above the level of expectations, which sent the market down due to the risk of increasing interest rates. After the publication of the NFT report, the market seems like forgot about inflation and rushed up. Today at 13:30 gmt, inflation data will be published. The forecast value is 0.5%. If the number will be published lower, the market will continue to move up. If the figure turns out to be higher, we will begin a reversal towards updating our lows. I'm still leaning towards the bearish scenario. Let's wait for the data. More about thoughts and expectations in my premium telegram channel.
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