CPI Alert! These (2) Trades Could Make Our Entire Week!
CPI tomorrow – let’s do this!
Markets made another big move higher ahead of tomorrow’s CPI Report!
Put those 2 clues together – big move today, big news tomorrow – and I have 2 easy trades I’m watching for tomorrow!
I always get excited whenever I see a big move the afternoon before a major news event like the CPI Report because there are 2 easy ways to trade it…
Trade #1 is most common, but if we’re lucky, we’ll get Trade #2 because it’s often a lot more profitable!
E-Mini S&P (ES):
- Emini is bullish with a big move higher telling us to look for buying opportunities with a 2-Leg Pullback tomorrow morning.
E-Mini Nasdaq (NQ):
- Nasdaq is bullish ahead of CPI tomorrow morning so we’ll be looking for a range to develop so we can “trade the rotation” of that range.