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Market continues to be in grind mode. The QQQ SPY are each in vary with the tech market distributing a bit. Gaps are fading. The market has 4 cycles and solely considered one of them is Bull Market the place you need to use pure pattern buying and selling techniques. We aren’t in that market at present the gaps are fading and the imply reversion trades are working. Take a look at MU, NVDA these sort of shares previous few days. Each hole fades off .
It is a tactical marketplace for scalping except your buying and selling power or metals.
| WEDNESDAY, APRIL 10 | |||||
| 8:30 am | Shopper worth index | March | 0.3% | 0.4% | |
| 8:30 am | Core CPI | March | 0.3% | 0.4% | |
| 8:30 am | CPI yr over yr | 3.4% | 3.2% | ||
| 8:30 am | Core CPI yr over yr | 3.7% | 3.8% | ||
| 8:45 am | Fed Gov. Michelle Bowman speaks | ||||
| 10:00 am | Wholesale inventories | March | 0.5% | -0.3% | |
| 12:45 pm | Chicago Fed President Austan Goolsbee speaks | ||||
| 2:00 pm | Minutes of Fed’s March FOMC assembly | ||||
| 2:00 pm | Month-to-month U.S. federal funds | March | -$220B | -$378B |
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