Stock Indices Pause Prior To CPI Release

As expected, the Indices paused today with the CPI release expected release on Wednesday morning. While it is difficult to trade a rotational pattern, the extremes of that rotation offer possible good areas of trade location, as described in today’s Briefing. On any Break outside of the Key Reference Areas, be sure volume and breadth are supporting the breakout. There will likely be some volatility after the release of the CPI, so be patient.

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