Hello Traders,
I see a good bullish setup on the US100 and here is why:
*Fundamentally, the numbers still show a strong US market. Although the USD is strong especially the CPI and PPI numbers this week but we didn't see a sell off in the US Market.
I think the high inflation numbers gives a push up to the market.
- GDP Growth : (USD: 2.1% / Previous: 2.4%)
- Unemployment: (USD: 3.8% / Previous: 3.5%)
- Inflation: (USD: 3.7% / Previous: 3.2%)
- Interest Rate: (USD: 5.50% / Previous: 5.50%)
*Technically, the price broke up the consolidation triangle after the strong push last month, it made a small pullback which gives a good entry for me.
*Historically, September is a down month for Nasdaq. This keeps me a bit cautious and trade with a smaller lot size than usual.
Trade Safe!
I see a good bullish setup on the US100 and here is why:
*Fundamentally, the numbers still show a strong US market. Although the USD is strong especially the CPI and PPI numbers this week but we didn't see a sell off in the US Market.
I think the high inflation numbers gives a push up to the market.
- GDP Growth : (USD: 2.1% / Previous: 2.4%)
- Unemployment: (USD: 3.8% / Previous: 3.5%)
- Inflation: (USD: 3.7% / Previous: 3.2%)
- Interest Rate: (USD: 5.50% / Previous: 5.50%)
*Technically, the price broke up the consolidation triangle after the strong push last month, it made a small pullback which gives a good entry for me.
*Historically, September is a down month for Nasdaq. This keeps me a bit cautious and trade with a smaller lot size than usual.
Trade Safe!
Dagangan ditutup: hentian tercapai
The price dropped like a waterfall.it is good that the stop loss was tight with a small lot size.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.