Crude Oil CPI Structurally, crude oil prices above $100 represent a top range, and the probability of crude oil prices remaining above $100 for an extended period is low. Tonight's CPI data, and next month's CPI data, are primarily driven by crude oil price fluctuations. If crude oil prices remain below $90 this month, the probability of a positive CPI figure next month is very high. Considering this, most of the negative macroeconomic factors have been priced in: The uncertainty surrounding the midterm elections has ended; CPI is likely to ease; Gold is finding short-term support at $4000; The semiconductor "bubble" has deflated; The probability of interest rate hikes next year is decreasing; Pricing expectations of interest rate cuts is beginning. US stocks are near their bottom, and Bitcoin is also at a low point. There's no need to panic excessively at this time. Instead, consider when to enter the market for the next upward move. If you won't enter now, buy gradually. Don't let the price rise and trigger another round of FOMO (fear of missing out). If you don't buy, who will?