4 hour chart: trend, cycle, and momentum are all up.
1 hour chart CCI is above +100 and the trend is up
15 min chart: trend is up and support is at the 50 SMA this is also the 50 SMA on the 1 hour chart
1 hour demand zone RBR formation
$200 risk with 5 contracts
Just about 1.5 years ago, inflation reached the highest point in recent decades. The January inflation number for 2024 was released on February 13th. Its CPI has improved from 3.4% for December to 3.1%. However, the major US stock indices collapsed more than 1% on the same day. Why is there such nervousness surrounding improved inflation, and what are its...
