Identifying directionJust evening thoughts.
Morning PPI report should give the boost to the direction coming out tomorrow morning. I was surprised that even after the last CPI report people are still bullish. I am personally looking for a short entry but if PPI is good tomorrow morning, I will day trade bullish.
A good option is the spread option in situations like this or before earnings reports.
Good luck guys.
Don't forget to take your profits no matter the number it is.