📍 Fear & Greed Index #FGI 😊

📍 Fear & Greed Index #FGI 😊

📍 Fear & Greed Index #FGI 😊

🇺🇸 US PPI data will be released at 8:30 AM ET, right before the US market opens:

If PPI < 5.1% → bullish for markets
If PPI = 5.3% → markets will stay flat
If PPI > 5.5% → bearish for markets

📍 Fear & Greed Index #FGI 😊

📍 Fear & Greed Index #FGI 😊

📍 Fear & Greed Index #FGI 😊

Key Events This Week:

1. US 20Y Bond Auction - Tuesday

2. August Retail Sales data - Wednesday

3. Fed Interest Rate Decision - Wednesday

4. September Philly Fed Manufacturing Index - Thursday

5. August Pending Home Sales data - Thursday

6. August Industrial Production data - Friday

📍 Fear & Greed Index #FGI 😊

📍 Fear & Greed Index #FGI 😊

BREAKING : 🚨🇺🇸 Republicans rejected Democrats’ CLARITY Act counteroffer ahead of today’s 17:15 UTC vote

📍 Fear & Greed Index #FGI 😊

🚨🚨 The last time the Fed held rates, BTC still dumped 4%.

Today, the market is expecting a 25 bps hike.

📍 Fear & Greed Index #FGI 😏

A Return to a Bear Cycle Is Becoming Increasingly Unlikely

Looking at previous market cycles, declines of this scale have represented more than just short-term rebounds. They have shown enough momentum to bring bearish phases to an end.