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📊 Quick and to the point on the current market
The main driver is only the US Fed data
BlackRock and the algorithms of major players are focused exactly on them
Any daily news about anything else is mostly noise and a tool for breaking market structure
That’s exactly why right now on most timeframes we see near-zero values.
The market is in pure waiting and accumulation mode
Since last week’s close, the situation has barely changed
We can very well be forming a second leg on the weekly timeframe
In our view, the bottom has already been found. We’re now in the phase of waiting for a strong impulse