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CPI

Stay cautious of a PEAK/TOP in the markets today.My SPY Cycle Patterns suggest the markets will establish a PEAK/TOP today - then trend downward. I created this video to help my followers stay aware of the short-term nature of price in a reactionary price trend - like today. If you are chasing this rally, stay very cautious of risks related to my SPY cycle patterns. Overall, I expect the markets to peak, stall, then trend downward over the next 48 hours. Take quick trades with targeted profit targets. This is not a friendly market uptrend in my opinion. I believe the $408 level is a likely downside price target for the SPY by Thursday. Follow my research
AMEX:SPYEducation
by BradMatheny
4
Elliott Wave Science Meets the Consumer Price IndexIt would be awesome if TradingView offered a candlestick chart for CPI but considering its only updated once per month, maybe the line graph/chart is the best option (not sure how that works). As for the data available to me, I've done a best effort markup using the science of Elliott Wave Theory. Considering the fluctuations seen on the M(onthly) chart, I believe its possible that CPI is sitting in the midst of a shallow Wave 4 correction. With this in mind, I find it possible that the number stretches into the low-mid 7.xx range between now and March. From there we may see a 2023 low within the 4.xx level. I will share my thoughts here as I know there is much interest in "what will the CPI numbers be?"... Being that this CPI data is directly based on the actions of humans and the habits that we act on, it should work pretty well with Elliott Wave Theory. I will keep this post fluid and apply analytical updates as monthly results are publicly announced. Remember these three important things: 1) trade the chart instead of the news and 2) stay safe /3) don't drown!
ECONOMICS:USCCPI
by DigitalSurfTrading
Plan for XAUUSD with CPI AnnouncementOANDA:XAUUSD Gold has been trading in the range since last Friday (10th February 2023). It is clear that speculators and investors are waiting for something: maybe some economic indicators like CPI will decide the movement of Gold by today (14th February 2023) Within the 1H timeframe, It is clear that gold has a strong chance of continuing its downtrend if it breaks below the trading range of 1850-1865 with the the following key support levels: 1st Support at: 1835 2nd Support at: 1825 Key Support at: 1800 On the contrary in a bigger picture of Day timeframe, Gold can still push for another leg upward as the price action has slowed the downward movement. If CPI number comes out in favor of Gold then it has a chance of testing the following key resistance when it breaks the range between 1850-1865 upward: 1st Resistance at: 1880 2nd Resistance at: 1885 Key Resistance at: 1900 The most importance part of all; Place a trade where the Risk to Reward favors in the direction that you choose!!!
OANDA:XAUUSDShort
by ChartTrail
AMD: SUPPLY & DEMAND / MARKET MOVER / FORTY-FIVE MADESCRIPTION: In the chart above I have provided a MACRO to SEMI-MICRO analysis of AMD's price action. With a large amount of history backing AMD's price action and overall impact on economic factor I would personally consider AMD to be a MARKET MOVER. POINTS: 1. MACRO Deviation: 13.75, SEMI-MICRO Deviation: 6.8 2. Current Uptrend Channel 3. WATCH 45 MA SINCE THE START OF BEAR MARKET THIS IS THE SECOND TIME THE 45 MA RISES ABOVE THE 200 MA. 4. WIDER UPTREND CHANNEL has developed. IMPORTANT: IF PRICE ACTION FALLS BELOW 82.50 FURTHER DOWNWARD MOMENTUM CAN THEN BE ON THE WAY. SCENARIO BEARISH: Current RSI & MACD levels falls in tandem with overbought territory being shown where current price action stands in NEW CHANNEL. Watch for loss of 82.50 if this is the case it is crucial 68.75 does not break because this can signify an opening for a new downtrend channel. SCENARIO BULLISH: IF 82.50 is lost watch for strong bounce on 75.63 to PRESERVE BULLISH MOMENTUM OF MA's. FULL CHART LINK: www.tradingview.com NASDAQ:AMD
NASDAQ:AMD
by DGSTBROKERACC
GOLD SHORT TERM INTRADAY IDEAIntraday Analysis - ( 14 FEB 2023 ) Price setting up for CPI data today with many choppy price action and no smooth upside or downside moves. However on the higher timeframe we can see lower lows printed respecting the bearish structure. Personally am looking at cpi to continue being high with a strong labour data as reflected on NFP day. Potential liquidity grabs to the upside whereby i am eyeing 1876 and 1865 regions for shorts. Would be best if there is straight melts ofcourse. However this is in the event inflation still prints high. HRHR SELLS 1883 MRMR SELLS 1876 / 1865 SAFEST SELLS below 1850 Will be looking at 1820 if cpi data prints with dollar domination and weakness in risk assets If CPI data prints low, showing signs of improvements, i would be looking at longs only above 1883 cancelling out the entire downside move. Either ways stay adaptive to the markets and safest is enjoy a glass of wine with your girl and stay away from the charts. HAPPY VALENTINES DAY
FOREXCOM:XAUUSD
by CJ_GOLDPIPS