afurs1

CPI Squeeze and Dump

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afurs1 已更新   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Were getting alot of conflicting information from the FED and the CPI report. Here are some main takeways:

Although inflation is showing signs of peaking, shelter, food, and energy are still major driving factors contributing to inflation which will lead us to higher interest rates.

I posted a play on the breakout from the symmetrical triangle up to the golden pocket fib retracement. This is coincidentally the same spot as the gap around the 15th of Dec.

I am assuming we will pop to fill the gap, before inevitably dumping lower.

Buckle Up..
交易進行:
Still holding a small portion of my longs from beginning of Jan, looking to sell soon and go short.
交易進行:
Still in a long position, too much good news entering the market and a huge break through resistance.
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