Market Plan for March 12th, 2024

Another CPI ripper?

Good evening folks,

It was a rather calm day for the market tape-wise, but we did make a rather strong move to the upside. We spent the morning taking out the overnight low, then basing around 5100, then rallying to 5120+.

In the High-Roller Room, we went long early in the day and held throughout the whole day. I’m still holding some overnight.

With CPI tomorrow, will we finally drop, rally to new highs, or do nothing? Here’s my plan: