Morning Ideas July 13, 2021
CPI numbers show Higher than expected inflation and the market has pulled back slightly because of it.
I don't see as much of reaction as I expected, so for now, going to stay long and strong.
If the market can rotate lower, and HOLD, I may start looking for short entries. However, that doesn't seem likely at this point.
Keep an eye on 4390 above and 4340 below, as they will likely frame the market going into Friday.
I don't see as much of reaction as I expected, so for now, going to stay long and strong.
If the market can rotate lower, and HOLD, I may start looking for short entries. However, that doesn't seem likely at this point.
Keep an eye on 4390 above and 4340 below, as they will likely frame the market going into Friday.
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