TakeProfitTrader

Morning Ideas August 10, 2022

Long
CME_MINI:ES1!   S&P 500 E-mini Futures
Good morning Traders,

CPI numbers came out this morning and pushed the market abo ve the 4180 area that we have had our eyes on for most of the last two weeks.

4170-4180 becomes a key area for the open, as I'd like to see the market supported there by the buyers. If not, we are likely to see 4120, and probably pretty quick.

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