$GMX just dropped the October 29 macro alert: GDP expected at 3.2%, core PCE y/y at 3.1%, and the Fed just split 10-2 on holding at 3.75%-4.00%. Price is $8.8100, up 3.52% in 24h.
Two dissenters wanted tighter policy, not easier money. Sentiment is parked at 51 out of 100, so the market is still half asleep. This is the first major data since that split vote.
Treat this as an intraday event, not a trend flip. Core PCE at 0.3% m/m keeps the hike crowd loud. A soft print flips the tone fast. Watch the first-hour reaction in $GMX perps, not the headline.
Halloween Pumpkin Frenzy wraps up in three days. Fresh bStocks pairs and USDS-margined contracts are live if you are trading this volatility.
How much do you trust this data? Rate it 1, 2, or 3.
#Write2Earn #BinanceSquare #GMX #Futures #TradingTournament
Two dissenters wanted tighter policy, not easier money. Sentiment is parked at 51 out of 100, so the market is still half asleep. This is the first major data since that split vote.
Treat this as an intraday event, not a trend flip. Core PCE at 0.3% m/m keeps the hike crowd loud. A soft print flips the tone fast. Watch the first-hour reaction in $GMX perps, not the headline.
Halloween Pumpkin Frenzy wraps up in three days. Fresh bStocks pairs and USDS-margined contracts are live if you are trading this volatility.
How much do you trust this data? Rate it 1, 2, or 3.
#Write2Earn #BinanceSquare #GMX #Futures #TradingTournament
