Annual inflation rate in the US unexpectedly accelerated to 8.6% in May 2022, the highest since December 1981 and compared to market forecasts of 8.3%.
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These are 17 points that might bring YOU in the TOP 1% !
Don’t miss the 4th one ☝️
Market cycles
Market Always moves in a cyclical way, supply and demand is basic principle for any cycle that involves money. Crack it you’ll be way ahead of the curve.
History rhymes
Always remember that history wont repeat but will surely rhyme - go and see all major falls and all major rises. Core principles are same, triggers are variable.
OUR VIEW 🌟
Another good day for us, we expected short covering in the second half and we got the same. Today's gap-down again makes things tricky now.... We have positional longs that we are holding with an SL of 16240.
For today we have a sideways to bearish bias meaning we might open gap-down and trade sideways.
WILL 17000 COME FIRST OR 15400 IN JUNE ?, ONLY NEXT WEEK WILL TELL.
TODAY IS WEEKLY CLOSING LET'S SEE HOW WE CLOSE!
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OUR VIEW 🌟
Another Volatile Sideways Day yesterday , for today we are expecting a dip in the 1st half and then some shortcovering " if the supports mentioned are held".
16650 to 16400 price can retrace remember we told "retracement" level ? 🤪
Today expecting crazy volatility trade with less qty and wider SL's.
OUR BIAS FOR TODAY | BUY THE DIPS IF SUPPORTS HOLD⚡️
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15400-15000 becomes a possibility by end of JUNE.
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⚡️Major trend is BEARISH so remember this