Does The Move Continue?

In this video, we discuss the wild week we are having with CPI numbers and FOMC today. The market has been all over the place and with PPI tomorrow and earnings season about to kick off, we can expect more volatility. As we have had several large flushes lower, we are now teetering on breaking the long upward Bullish trend we have been in. Where do we go from here?

Don’t Fear The Chop

Chop is tradeable as long as we focus on the market that is not the market we wish it was. This is a bullish chop, and the follow-through favors the bulls. Here’s a look at the chop AND the trends in this environment.

Markets Flatten Out Before The CPI

Even when markets were down sharply, many thought traders would bring the markets back to even, as no one wanted to be long or short into the CPI number.