SEPTEMBER 12, 2023 — TUESDAY AM
The ES, NQ, and YM are trading within narrow, inside day ranges ahead of Wednesday’s pre-market CPI data. We could see further development of these 2-day narrow ranges, as the market remains within a holding pattern ahead of econ news. Ultimately, a failure to hold yLO could open up a return to the gap fill below. Crude Oil has developed a narrow range, which could provide the next 6-point move ahead. Gold continues toward mLO.
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