Macro Drivers to Watch
Tue Aug 12 @ 8:30 AM ET — CPI (July)
Key inflation print; expect sharp vol expansion in NY AM.
Wed Aug 13 @ 2:00 PM ET — FOMC Minutes
Insight into Fed’s July 29–30 meeting tone.
Fri Aug 15 @ 8:30 AM ET — PPI (July) + Retail Sales (July)
Two high-impact releases within minutes.
Geopolitics:
US–China tensions over AI chip export controls & Russian oil tariffs
Possible Alaska summit with Trump, Putin, Zelenskyy Friday.
Bias & Structure
Trend (30m / 15m / 5m): Still bullish but pressing into 6415–6425 supply / weak-high zone.
Demand below: ~6410, ~6397, ~6386, ~6374.
Supply above: ~6425, ~6442–6446, ~6460–6465.
Setup 1 — Post-CPI Continuation Long
Trigger: First 5m close above 6422–6425 after CPI, then retest holds.
Entry: 6423–6427 (retest).
Invalidation: 5m close < 6418.
Targets:
TP1: 6432–6435
TP2: 6442–6446
TP3: 6460–6465
Notes: Needs bullish displacement, BOS hold, and Bookmap absorption on retest.
Setup 2 — Post-CPI Reversal Short
Trigger: Hot CPI or failed breakout → 5m close < 6406–6410, then retest from below.
Entry: 6406–6410.
Invalidation: 5m close > 6413–6415.
Targets:
TP1: 6388–6392
TP2: 6376–6378
TP3: 6358–6362
Notes: Needs trend flip on 30m/15m (CHoCH/BOS down) & heavy offer-side aggression.
Tue Aug 12 @ 8:30 AM ET — CPI (July)
Key inflation print; expect sharp vol expansion in NY AM.
Wed Aug 13 @ 2:00 PM ET — FOMC Minutes
Insight into Fed’s July 29–30 meeting tone.
Fri Aug 15 @ 8:30 AM ET — PPI (July) + Retail Sales (July)
Two high-impact releases within minutes.
Geopolitics:
US–China tensions over AI chip export controls & Russian oil tariffs
Possible Alaska summit with Trump, Putin, Zelenskyy Friday.
Bias & Structure
Trend (30m / 15m / 5m): Still bullish but pressing into 6415–6425 supply / weak-high zone.
Demand below: ~6410, ~6397, ~6386, ~6374.
Supply above: ~6425, ~6442–6446, ~6460–6465.
Setup 1 — Post-CPI Continuation Long
Trigger: First 5m close above 6422–6425 after CPI, then retest holds.
Entry: 6423–6427 (retest).
Invalidation: 5m close < 6418.
Targets:
TP1: 6432–6435
TP2: 6442–6446
TP3: 6460–6465
Notes: Needs bullish displacement, BOS hold, and Bookmap absorption on retest.
Setup 2 — Post-CPI Reversal Short
Trigger: Hot CPI or failed breakout → 5m close < 6406–6410, then retest from below.
Entry: 6406–6410.
Invalidation: 5m close > 6413–6415.
Targets:
TP1: 6388–6392
TP2: 6376–6378
TP3: 6358–6362
Notes: Needs trend flip on 30m/15m (CHoCH/BOS down) & heavy offer-side aggression.
If you want to contact me here is my Discord channel discord.gg/gvv3TK4m
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.
If you want to contact me here is my Discord channel discord.gg/gvv3TK4m
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.