Good evening folks,
The market had an interesting pre-CPI Monday as we shot up 20+ points in the morning before losing all that progress in the afternoon and more. It seemed like a “look above and fail” pattern because of the sharp pop and drop.
In the High-Roller Room, we went long this morning and took profits as the market climbed to the top.
All eyes are on CPI tomorrow, as it will determine market direction for the next while. Here’s my plan: