SignalPlus Morning Briefing (03 May 2024)
The past week ended up to be largely a supportive week for risk assets, with a FOMC did their best to avoid a ‘hawkish pivot’, and double downed on their…
The past week ended up to be largely a supportive week for risk assets, with a FOMC did their best to avoid a ‘hawkish pivot’, and double downed on their…
Market BTC failed to fully recover from $65,000 and fell below the key psychological support level of $60,000 even before the FOMC meeting. I recommended hedging at $67,000 last week…
Yesterday (1 MAY), the U.S. ADP employment figures for April increased by 192,000, exceeding the expected 175,000, marking the largest increase since July 2023. During the FOMC meeting early this…
Couple of unfriendly econ data prints affected risk sentiment for much of the NY session. US Q1 GDP came in at 1.6% vs 3.4% in Q4, with personal consumption decelerating…
Market BTC began a rebound last week amid continued pessimism and completed the rebound to $67,000, surpassing my minimum target of $65,000. Currently, it continues to move sideways within the…