Hey Market Pilot,
We are seeing the market slow down on its upward progress as we approach a market sensitive piece of data: The U.S. Consumer Price Index (CPI) set for release on Wednesday. I feel that regardless of what the raw number comes out as, there will be some excuse to get the market to drop and pullback.
For now, I will view that as constructive since the market has had a really big run and things are getting frothy on the long side. Let’s see how it pans out in a couple of days. Watch more here:
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Your Profit Pilot, TG