ES Levels & Targets for CPI day. July11th

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Buyers have giving us a historic run for over 180 points since last week Tuesday’s 5506 failed breakdown, with real 0 dips. CPI at 830, size way down now, expect irrelevant noise and traps for the 1st 30mins or so. Anything can happen. As of now: 5670-72 is support. Buyers must hold (or recover quickly if not) to keep 5690, 5696, 5710+ in play. 5670 fails, sellers dip us to 5660, 5642

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ملاحظة

CPI reaction in the books and trapping any breakout traders, but excellent for all level to level traders. I gave 3 targets this morning with 5710 being the last. We hit 5708 (since happened earlier than expected) and dipped. The rest of today might be a mess, so size down, don't overtrade. We are back where we started before CPI. 5681, 5670-72 are supports. Buyers must hold to keep upside trgts in play. Dip if 5670 fails