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The CPI data at 8:30 tonight is likely to be below expectations.
There was a hint in today’s afternoon strategy to watch for this.
Most likely there will be a rebound, but pushing directly up to around 1880 is beyond expectations—no worries though. Continue shorting from the current position. For a conservative stop-loss, place it around the pre-high tonight near 1883; for an aggressive approach, add more around 1880 with a stop-loss at 1895. Take profit first to watch around 1830, then around 1790.