We can say whatever we want amongst ourselves, but it's kinda pointless. I mean, NOBODY knows for sure (legally) what the CPI will be until it comes out. Even then, it ain't the number but how the market reacts to it. It could come in way below the analyst estimate but the market could ignore the good news and tank, and vice versa. Nobody knows. Until then, it's all speculation.From TA perspective, shorter time frame trend is moving up towards longer time frame down trend...setting up for a big more in either direction. Also previous CPI plays, it looks like the same front running CPI day with massive sell off.
As such, let's continue our talk tomorrow after the CPI.
