Some Thoughts ahead of CPI Release Tomorrow.
6/12 Plan Morning Session
Some areas of interest ahead of CPI tomorrow (my personal thinking).
On NQ:
On a Modest Gap-Down (.5%-.6%): If NQ gaps down after CPI data, I will watch the 19,000 area closely (now 19,100) to see how players defend that area. If we form a U-Shape bottom on lower timeframes after a gap-down tomorrow, I will look to form a long bias.
On Big Gap Down (1%)…