Is that theory correct Calvo? You sure its gonna get dumped? Or is that your systems telling you that lol
Last 4 CPIs
July CPI rallied into it barely moved continued rally
June CPI rallied into it dropped intraday then continued rally for 3 more days
May CPI dump then rally into it before dumping again off CPI
April CPI rallied into it and continued rallied afterwards
The way this one is setting up it looks like it could possibly be a April CPI response where we rally before pulling back to that big support area. I dont think we 'crash' yet as Calvo might say
07/08 Indices, page-86
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