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Retail Sales Hot CPI - ES NQ Futures Premarket Trade Plan - The Pit Futures Trading
#daytrading #livetrading #stocks #futurestrading
RTY above the 20 daily moving average. Last couple times Sellers have stepped back in. ES and NQ in previous day range and for the ES in value. After yesterday's hot CPI and what I think was a massive PPT stick save, who know what will happen on Retail Sales news. If it comes in soft then does PPT come in and rally on strong bank earnings? Who know. Recent Fridays have been sold when the norm is a Friday High close. Be careful today. Best advice I can give is small size and wide stops to protect account. Do not go into a weekend on a big loss if you can help it.
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