| One and half minute analysis showing a technical perspecitve why profit takers sold where they did, post the CPI report. Many traders were confused as the equities futures blasted off before the standard hours of the market, continued at the open, and then signficantly faded to return more of the gains. Here's why. That same technical analysis map can help traders navigate the technical picture of the FOMC meeting reaction coming next. What the junction shown. Visit https://www.forexlive.com/technical-analysis for additional ideas and trade the Russell 2000 or any other asset at your own risk. |
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