The Markets Like the CPI Report — Here’s What to Do About It
by Tony Rago
Today’s inflation data is taking us to new highs. That’s part of the battle. Now let’s
see if we get some tradeable volatility today on the back of the announcement.
My plan is still the same: longs are favored above yesterdays close and high. Shorts live under the big roundy’s at 6300 (ES) and 23000 (NQ).
We should let this open and look for setups after the first 30 minutes of trade. Use the time to download today’s free Pre-Market Playbook…
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