SCHEDULED NEWS
Good morning, everyone. Today is Wednesday, September 10th.
Yesterday was an insane day that led to a hellacious squeeze. The plan to look for a bounce from the 6489.50 daily played out to the tick, launching a monster 50-point pop that has us surfing new all-time highs in the Globex session. We now have a new RTH all-time high as well, giving us fresh targets to complete.
We have large news coming in at 8:30 AM ET with Core PPI, so let's take a look at the levels and figure out what we need to play after the bell.
🧠 Current Market Context
We are in a powerful uptrend, currently in price discovery mode after making a new all-time high overnight. The cash session will likely want to target and repair this new high. The plan is to look for key support levels to hold for a continuation of the trend, but we must be careful with the pre-market news.
