I am delighted to hear that the US CPI for the month of Oct has...

I am delighted to hear that the US CPI for the month of Oct has come back lower than expected.
When you add the rate rise relief plus the anticipated positive cash flow, it is clear that the recent price action at ZIP has more legs to the upside.
It is also great to hear that some institutions publicly changing their view on ZIP and disclosing their short position. Obviously, this will force more short positions to either cut their losses or take profit off the table before a profitable position turns into a massive loss b/c ZIP always surprises the market in both directions.
I also heard that oil price has more downside than upside. This is mainly driven by the slowing of China's economy. Weak oil price is always great news to keep inflation under control.
It is time to sit back and watch the price action today, tomorrow, and the coming few weeks until something unexpected happens to the inflation story.
All the best and enjoy the ride
Cheers,