Morning Ideas May 12, 2021
Consumer Price Index was up more than expected, and it's clear that the market did not like that.
We are at a pretty big area here. I'm looking for a dip below 4110 then the market to pull back for a chance to get on the short. At that point, I think it's clear that the sellers have to hold that area on the way back if this downtrend will continue.
We are at a pretty big area here. I'm looking for a dip below 4110 then the market to pull back for a chance to get on the short. At that point, I think it's clear that the sellers have to hold that area on the way back if this downtrend will continue.
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