Parts of this article may be reserved for members. You may learn more about becoming a member on the Join page.
You are also warmly invited to join our growing community in the Discord server (there are many public features in there). The invite link is here: https://discord.gg/58FSjcDhvG.
Good afternoon, traders.
The S&P continues to trade fisticuffs with the 50-day SMA:
We’re not really recapturing, not really rejecting it. We have CPI in the morning, and that can sometimes be a big mover (very big mover in parts of 2022, not such big moves this year).
I will add these remarks regarding the count I have been trying to develop.
We shall see what the inflation gods (or goddesses) bring us tomorrow. I hope everyone has a fine evening and I look forward to seeing you tomorrow.