Market Prep for CPI day. $MES great futures setup

1 year ago
6

Overall the day played out as expected but it was very choppy and hard to read due to the tight consolidation we have had over the last 8 trading days.This also happened at the end of May and the beginning of June. That consolidation ended up breaking down hard and making the June Lows everyone is paying attention to. I don't know the outcome, but I do know every divergence has been playing out perfectly and that's where I will be focused tomorrow until we get a better feeling of the direction.

The video has some great setups for tomorrow but with the overhanging news, I would proceed with caution until we can establish a direction.

The $MES review shows how well the direction signal is working and how we need to be focused on taking fast profits.

I will be in tomorrow at 6:30am

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