CPI came in below expectations

    Posted by steve on 14th of Sep 2021 at 08:33 am

    CPI came in below expectations and futures reacting higher 

    CPI YoY For August 5.3% Vs 5.3% Expected; CPI Month-Over-Month For August 0.3% Vs 0.4% Expected

    Core CPI For August 0.1% Vs 0.3% Expected; Core CPI YoY 4% Vs 4.2% Expected

    Yep, that CPI is what

    Posted by matt on 14th of Sep 2021 at 09:15 am

    Yep, that CPI is what sparked ES futures top spike nearly 20 points! I said that number would be a catalyst - basically means the FED can keep pumping longer, market likes that

    ES moved up to test

    Posted by steve on 14th of Sep 2021 at 09:00 am

    ES moved up to test resistance 4482 area after the news 

    Yeah, I sold at 4486,

    Posted by jj4376jc on 14th of Sep 2021 at 09:03 am

    Yeah, I sold at 4486, yesterdays highs as my stop for now. Doubt if I know if I'm right or wrong until the open, thanks!

    Nice!

    Posted by timebandit on 14th of Sep 2021 at 10:45 am

    Nice!

    Yes going well so far,

    Posted by jj4376jc on 14th of Sep 2021 at 10:50 am

    Yes going well so far, I keep trailing my stop down


    Edit, just closed it out, probably for the day

    Sell the news? About to

    Posted by jj4376jc on 14th of Sep 2021 at 08:44 am

    Sell the news? About to find out via /ES. Tight stop though, might ignite a rally, LOL.

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