DECEMBER 13, 2022 — TUESDAY AM
The ES, NQ, and YM all rallied immediately upon the release of November CPI data, which came in 0.2% less than expected. Can the market maintain these gains into the close, or will price fall back into the ranges below? Crude Oil is bouncing, but bears may look to sell the rip for another round of weakness below. Gold continues to test the 1820-1830 zone of resistance.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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