Indices Continue To Pause, But CPI Released Tomorrow

Today was the fifth day in a row the Indices have been in a rotational pattern in anticipation of the CPI number to be released tomorrow at 8:30 EST. Those numbers will likely give fuel to the Market to breakout of its current rotational pattern. If there is a breakout, you should not want to see the Indices back inside the current rotational pattern, otherwise it will be a false breakout. Expect volatility in the pre-market after the CPI release and at the day session open.

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