Trade Plan Update: Post-CPI Levels to Watch

CPI Pops the Market. Here Are the Key Support Levels for the Next Leg Higher.

Hello again, everyone. This is a quick but important update to this morning's trade plan following the 8:30 AM ET CPI print.

The inflation number came in right in line with expectations, and the market liked what it saw, giving us a nice pop to the upside. This price action has confirmed our bullish bias and has given us some new, clearly defined levels of support to watch for the remainder of the session.

Let's break down the updated plan.