ES Morning Update April 12th 2023
Yesterday went as expected, but today we could see a little more action with the CPI out this morning. Then earnings from some of the banks are starting to come out this Friday, which could also add to some volatility.
I still see a pullback to 3950-4000 SPX into next week (3980-4030 ES). So even if we get some pop higher from one or more of these events it should not hold and just be a shakeout for anyone short. Since everything is going as expected, and explained on Mondays update, I’ll again end this post as a short one. Have a blessed day.
Source: https://reddragonleo.com/2023/04/12/es-morning-update-april-12th-2023/
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