JoeRodTrades

Market Recap: Measure Move Objective Hit But, Nothing To Trade

CME_MINI:MESM2024   Micro E-mini S&P 500 Index Futures (Jun 2024)
The market hit that measured move objective that I mentioned in yesterday's market recap. There was a ton of news today with CPI, 10-year Bond auctions, and FOMC members speaking. The market just consolidated after the MM was met. Unless you were a range trader then there wasn't much to trade.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.