AndroidComa
Arch-Supremacy Member
- Joined
- Jan 13, 2021
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think 8.30am NY time the G7 say they will release their oil reserves?Let me guess...kupo said circuit breaker or something? That's why market recovering?
think 8.30am NY time the G7 say they will release their oil reserves?Let me guess...kupo said circuit breaker or something? That's why market recovering?
Currently they are waiting for more CPI results, then Fed announcements.gap down is almost guaranteed, then see close around open, day high or low only. everyday rinse and repeat till there's a clearer outcome from this way, though the longer this drags, the lower it goes.
war may pass, so prep for that also.
oil may spike above 150 or 200, hard to say. since us said 4-5 weeks of operation, they may start to soften down later to prevent ww3 or global crisis, I HOPE. lol
so whatever I say, is also as good as saying nothing.
Currently they are waiting for more CPI results, then Fed announcements.
High Unemployment + Possibly Higher Inflation (due to increased costs to manufacture goods for US consumer) will kill any sense of positive momentum. Any rally you see these few days are just relief rallies and possible exit liquidity for institutions.
Positive momentum only come when Fed says no more hikes, only neutral or rate cuts.
Distraction from epsteinLooking at oil price and uncertainty on the tariff again... dont think there will be much good catalyst for now.
Trump is really changing the world sia.
I am surprised USA haven’t take out the new Iran govt yet to boost markets morale