this is my impression of what is likely to happen over the coming weeks, further dumpage on or around the 16th would fit the time schedule nicely with the first breakdown, we may head fake further than my lines show this is just an aproximation. cpi report is tomorrow, i assume the "inflation" trade element will be pushed but if youre following macro global economics you know this is a false pretense to a very likely real stagflation scenario. risk is very high, smart money doesnt continue to buy or leverage in to growing risk, and the pumps will be sold into. i think to many people are expecting 42k and to many are expecting 55k or above,, so in comes the curve ball, a reality check.