Thoughts for Thursday 5/11

CPI delivered volatility market needed. PPI tomorrow

Hello traders, Here is what I posted on sub stack/telegram on yesterday night.

Those who trade globex after 2 am got 20 points on their lap for being awake.

This is what we did after CPI and RTH open.

Bears delivered anticipated lower low but could not hold below 4130 where we covered our short. Basically bulls were able to quickly ramp up after hitting FT level 4116.

Econ Tomorrow:

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