Good morning Traders,
CPI numbers came in higher than expected and the algos pushed the market down immediately.
For me this is a wait and see kind of market because the big players will likely be involved at the opening bell. It's tough to trade against these traders because they can push the market far and fast, leaving the small fish wondering what is going on.
This may not turn into anything, but I believe the open will be noisy.
Good luck
CPI numbers came in higher than expected and the algos pushed the market down immediately.
For me this is a wait and see kind of market because the big players will likely be involved at the opening bell. It's tough to trade against these traders because they can push the market far and fast, leaving the small fish wondering what is going on.
This may not turn into anything, but I believe the open will be noisy.
Good luck
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.
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.