This morning we went over the NASDAQ-100 AND SP500 Futures as well as Bitcoin. We identified some key area moving averages, potential support and resistance levels, and ideal possibilities for entries and stops.
CPI numbers at 830am which could pose as an excuse of “better than expected” as a relief rally, despite overall weakness in the economy. Inflation continues to run recklessly out of control – when will The Fed step in? We also hear from FOMC Member Brainard today at noon, so there are items on the table to move markets. Just focus on Price Action!