Hey, it's Ben.
At 8:30 AM, the Core PCE data dropped hot.
Inflation is sticky, and the "Fed Pivot" everyone was hoping for just got pushed back another 3 months.
Here is the data: "CORE PCE YOY HITS 3.2% VS 2.9% EXP. FUTURES TANKING. RATE CUT ODDS CRASH TO 15%."
That headline triggered a massive institutional repricing.
The moment the market opened, there was no bid. Just a vacuum of liquidity as funds rushed for the exit.
Most traders got destroyed today.
They saw the drop and tried to "catch the falling knife," thinking it was oversold.
Or they hesitated, paralyzed by the speed of the red candles, and missed the move entirely.
Here is how we navigated the chaos without reading a single news article:
Look at the Snap Trades chart from this morning:
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