Are you ready for the CPI?
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Are you ready for the CPI?
Forecast 7.3% - If it comes lower, it's good result you may get SPX climb higher. However think about how low it comes in or does it come in line or do we get opposite and comes out higher or in-line.
Don't forget we have CPI today but we have FOMC tomorrow. I am going to be trading the two events separate taking my CPI trades off with a clean look for FOMC tomorrow as Powell could be Hawkish or Dovish - who knows?
Don't forget to trade your own plan to become a consistent trader.
Enjoy,
Trade Journal
Forecast 7.3% - If it comes lower, it's good result you may get SPX climb higher. However think about how low it comes in or does it come in line or do we get opposite and comes out higher or in-line.
Don't forget we have CPI today but we have FOMC tomorrow. I am going to be trading the two events separate taking my CPI trades off with a clean look for FOMC tomorrow as Powell could be Hawkish or Dovish - who knows?
Don't forget to trade your own plan to become a consistent trader.
Enjoy,
Trade Journal
Note
low print for cpi SPX heads higher - now we got fomc tomorrow... another trade will be brewing for us to take opportunity of.
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