Thursday, June 9, 2022

URGENT: CPI Numbers Trade Plan

I don't usually send emails but this is important. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Edward lance

Tomorrow is an important day for the markets so please take a moment to read this email. 

Tomorrow (Jun 10, 2022) should be an interesting day for the markets, when the US' May CPI number will be released. 

If the CPI number is over 8%, there's no surprise and the market (at least for that session), should keep doing its thing, nothing extraordinary. 

HOWEVER, if the number is UNDER 8%, there is a pretty large consensus that there will be a massive rally. 

If you are trading around that time of the day 8:30 AM EST, please be aware of that release. 

My Plan

I am planning to buy the $QQQ if the number released is BELOW 8% and will hold that position for the open and some into the day. 

Just figured i would share, either way, please be aware of the markets if you are trading at that time tomorrow, ESPECIALLY if you are trading futures.

Special note for Futures Traders

Also, for the futures traders out there, keep in mind that the CPI is one of the few economic indicators that when are released, usually DON'T give a whipsaw, so be careful trying to fade a move on the indexes because you might feel "it is too much".

Thanks for reading,
Adriano

P.S. This is how I am personally handling tomorrow's numbers. This is not financial advice.

ABOUT ADRIANO

Adriano (@Adriano)

Founder of the TrueTrader reversal strategy has been trading for over 25 years successfully. A verified 8-figure trader, Adriano brings unbelievable knowledge and compassion to the community. Known for his wisdom and sage advice amongst TrueTrader members. Adriano's trading style is aggressive and rapid. His trades span mere minutes during the open. Almost always cash by close.

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