ES Levels 10/12 - Sideways grind into CPI
Just as we thought, today was a sideways grind without any real action other than on the 1 minute where a few scalps could be had. Overall the bulls and bears fought with no clear victor.
Totally understandable given what's coming tomorrow - the CPI report. See the post from yesterday and I explain a little more about it. It comes out early in the day. No matter what it says I suggest letting the market settle in for 15 - 30 minutes until you make a trade as there are likely to be some competing ideas at work and it'll cause an immediate overreaction (whether bearish or bullish) I think.
Still sick with Coronavirus so no video again today. Take care everyone.
Totally understandable given what's coming tomorrow - the CPI report. See the post from yesterday and I explain a little more about it. It comes out early in the day. No matter what it says I suggest letting the market settle in for 15 - 30 minutes until you make a trade as there are likely to be some competing ideas at work and it'll cause an immediate overreaction (whether bearish or bullish) I think.
Still sick with Coronavirus so no video again today. Take care everyone.
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Trade automatically from TradingView with an algo at www.gettradeconnect.com