PivotBoss Pre-Market Video [June 12, 2024]: CPI and Fed Day! | PivotBoss

JUNE 12, 2024 — TUESDAY AM

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CPI data came in cooler than expected, which has triggered an immediate rally in the ES, NQ, and YM. The ES and NQ have both reached new all-time highs, and could be headed to their respective key range highs above. But can bulls maintain gains into the close? We get another round of FOMC key levels today, with Fed on deck this afternoon, bringing more volatility into the close. Crude Oil remains on path to its key range high of 80.62. Gold remains range-bound still, and BTC and ETH are seeing huge bounce-back days after yday’s selling pressure.