One thing I noticed today: U.S. October CPI will be released tomorrow, and futures markets show about a 77% probability of a rate hike on December 9.
The bearish news came suddenly, and the market’s initial reaction is often an overreaction. Staying calm is more important than anything else. This reminds me of a similar event from the past, when prices moved differently than everyone expected.
$GMX Keep watching.
The bearish news came suddenly, and the market’s initial reaction is often an overreaction. Staying calm is more important than anything else. This reminds me of a similar event from the past, when prices moved differently than everyone expected.
$GMX Keep watching.
