Core PCE Price Index falls to 2.9% QoQ, still above expectations. 
The U.S. economy maintained its resilience with GDP growing by 2.8% quarter-on-quarter in Q2, surpassing expectations.
The core PCE price index fell to 2.9% QoQ, indicating a decrease in inflation compared to the previous quarter, though it remained slightly above expectations. 
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$E-mini NASDAQ 100 Futures(SEP4)(NQmain.US)$
why the sudden drop now?

$E-mini NASDAQ 100 Futures(SEP4)(NQmain.US)$
today is all about AI if they can make money or not. my guess it doesn't. if AI don't materialize, MM will sell massively.
we saw in last Q there is no clear guidance from Microsoft. Meta came out with a stupid Ray Band glasses that mimics Google glasses that is clearly a failed project. Google  holds the biggest search engine in the world. if Google were to close the rights against Meta to get data they have a cool Ray Band glasses at least. And we ...

$E-mini NASDAQ 100 Futures(SEP4)(NQmain.US)$ overall downtrend

$E-mini NASDAQ 100 Futures(SEP4)(NQmain.US)$
Consecutive  8 weeks of rally