Saturday, March 11, 2023

Recently investors started to care about economic data too much.

Always advanced economic data is making the market, not the current data.

Of course right now is very bearish cycle.

But Dollar is getting weak and Powell is very dovish and stating the disinflation's possibility.

We have to predict May's data not the March's.

Data dependant investing always lead to the failure.

I think the economy will move as what the Fed is wanted now near future.

I see a reversal Head and shoulders pattern from DJI.

I am bullish from now on.

Economic data chart

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