PivotBoss Pre-Market Video [April 10, 2024]: Hot CPI Sends Market Lower

APRIL 10, 2024 — WEDNESDAY AM

The market has been awaiting CPI data and got numbers hotter than expected, which sent prices plummeting within mins. Bearish outside days have developed in the ES, NQ, and YM, with very high-range days already having developed. Watch wLO and yLO, as a reaction here could lead to a relief bounce ahead. Crude Oil bulls are still eager to buy the dips for a continuation to 90, and Gold may be developing another bullish FNL, which could lead to a bullish outside day ahead.

Cheers!

Frank Ochoa
Author, Secrets of a Pivot Boss

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