SPDR S&P 500 ETF TRUST

SPY CPI

271
Tomorrow we have CPI pre-market, most likely it will be flat at 5%. So what does that mean for the market? More range bound kangaroo price action. After the 2 days we’ve had we might squeeze tomorrow for a green day, looking for 414 or 408. You must have patience with this price action, I used to buy so fast I taught myself to wait 5 minutes before buying and guess what I got better prices, sometimes it would take off so then I would wait even longer and do the opposite, this is why you take what the market gives you don’t be greedy waiting all day to sell. Keeping it short just wanted to remind everyone about CPI
As always trade what’s in front of you good luck

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