Hello Everyone,
Narrow range day following yesterday's big move - one thing to consider is that the SPY/QQQ (extended hours) along with ES/NQ have 5 waves up from the recent lows and the VIX is showing a falling wedge on the 60 minute chart to monitor. These factors suggest a potential pullback to come ahead of the much anticipated CPI release on Thursday.
Please take a moment to look at the trade ideas.
