The Impact of the PPI and the Macro Narrative
Focus: Fundamental analysis for technical traders.
The #USPPIJump is not just a number; it is the catalyst for volatility. An increase in the Producer Price Index suggests that inflation is still alive, which gives wings to the DXY (Dollar Index).
As Smart Money traders, we know that when the DXY reaches a supply zone (Premium), cryptos and metals often find their temporary floor. Always correlate your entries in BTC with what the dollar is doing in its external liquidity zones. The macro dictates the direction, the technique dictates the entry.
#Macroeconomics #Inflation #PPI #GlobalTrading #DXY #Economia
