FX_Professor

S$P500 - Expecting a Good Rest of the Week

Long
CME_MINI:ES1!   S&P 500 E-mini Futures
CPI report released today and a 0,2% expectation for the month vs 1,3% last week is expected to be a 'good result'.

Time for the Empire to come out later today in a celebratory mood and announce that Inflation is easing? Very probable in my opinion.
Then again that's just my personal opinion, DYOR and let me know yours.

Chart.

Previous ascending channel is being checked as support. That means i am a buyer today, going Long.

4060 would be the level i could be proven wrong and adjust my plan accordingly.

One Love,

The FXPROFESSOR

Check my previous ideas on Nasdaq
Bottom called:
After Top was called:



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