CPI thoughts and trade plan

Pending orders and possible trade routes for CPI.

Typically we wait until closer to the time to do CPI plans but our possible plans here seem quite clear cut. We can probably get away with making them now.

Primary plan:

Easiest trade would be if we continued higher from here. Spiked out the high and then put in a crash on the CPI that could not break the last low. This would be a strong long opportunity and we could easily see the market over 4300 if this happened, 4500 being a viable swing target.

This would also be valid if we dropped from this price and filled 4070.

In both instances, the bull plan fails under the last low and it’s best to get out the way if that breaks.

Let’s now look into how the forecast is generated. Different types of trades and contingencies.