ES support @ 4018 now becomes critical trigger level

This big rotation to the upside, after the CPI number, presents a new $4018 support level on the ES for traders.

The Fed rate decision tomorrow may send markets briefly below this level, but watch for a reflation trade to setup after the Fed comments.

If my research is correct, a melt-up trend has already been established. I expect the US Dollar to melt back above 105 while Gold and Silver continue to melt upward as well.

The US markets may continue this upward trend into Q1:2023.

Follow my research.