Bonk Guy: The PCE data has not been fully priced yet, and it is expected that the market will strengthen in the fourth quarter

Trader Bonk Guy stated that the latest PCE data has not been fully priced by the market. Considering the historical performance in the fourth quarter and the approaching midterm elections in the United States, the market is expected to strengthen soon and continues to be bullish on USELESS. The annual rate of the core PCE price index in the United States for August was 3%, lower than the expected 3.3%, hitting a six-month low. The previous value was revised from 3.30% to 3%.