Hey friend,
Earlier this morning, we got new consumer sentiment data.
It revealed a sharp drop in sentiment, with consumers expectations of future inflation jumping to the highest levels in years.
Indexes have reacted negatively to the data.
The Daily Direction

Note: All indexes closed lower yesterday on further uncertainty – with no changes in any index directions. But they appear to be making some lost ground today.
The Daily Nugget
Surviving the chop is part of the game.
Markets don’t move in straight lines – especially not in times like these.
This week brought more selling, brief respites, and then more selling again.
It’s exhausting. It shakes confidence. And it makes even the most disciplined traders question their approach.
But if there’s one thing history proves, it’s that staying steady when others lose their footing is what separates long-term winners from the rest.
Every tough market feels endless in the moment.
But nothing lasts forever – not the selloffs, not the uncertainty, not the fear.
And the traders who keep their heads clear now will be the ones positioned when the next real move begins.
Take the weekend to reset.
The market isn’t going anywhere – but your mindset will determine how you navigate what comes next.

The Traders Agency Team