ES Rockets After CPI Release

Mike Paulenoff By

ES has rocketed in reaction to the cooler-than-expected CPI data, now up 120 points, algo-ripping back above the 20 DMA (3785) towards a challenge of the August-November down trendline, now in the vicinity of 3870. ES has traversed from the lower side of the near term range to the upper boundary zone from 3870 to 3925 (above which ES will really break out to the upside)... Last is 3867.00

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