S&P 500 Futures Set Up Ahead of New Record Highs

A quick live recap of how the S&P 500 reacted after the US CPI report, the correction in clinical fashion to major support in a textbook ABC. With both crowd psychology, technical analysis reviewed with possible outcomes into the afternoon. The S&P and Apple would go on to hit all time highs by the close.

  • Enjoy live commentary from Our Trading Room at youtube as the day wraps up – feel free to like and share

Largest Increase in US Consumer Inflation since June 1982 in November CPI +6.8% y/y

US CPI in November shows inflation remains persistently high as Central Bankers keep trying to reassure us that soaring inflation will come under control. Annual CPI was up +6.8% as expected with core CPI +4.9% as expected

Read More: Largest Increase in US Consumer Inflation since June 1982 in November CPI +6.8% y/y

Wake Up Call – The Day Ahead Dec 10 2021

A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, WTI Oil and Natural gas. A little chop and rebalance of recent moves overnight flowing on from yesterday with ES and oil in slight corrective mode. Moves from Asian markets mostly lower. Evergrande back in the news and the markets primed for American inflation data.

Read More: Wake Up Call – The Day Ahead Dec 10 2021 – TRADERS COMMUNITY

Any questions please feel free to ask them below. Trade Smart!

Have a great trading day!

RISK DISCLOSURE STATEMENT FOR SECURITIES, STOCKS, FOREX, CRYPTO FUTURES OR ANY OTHER FINANCIAL INSTRUMENT

This information is provided for educational purposes only and is not a direction to buy or sell the instruments discussed. It is imperative before trading you assess your individual risk, the market risk, taxation risk, your counterparties risk and your suitability to engage in any investment of trading financially, mentally or ethically or legally. This warning does not cover all possible risks and is for educational purposes only.

THE NFA in their disclosure statement discusses the characteristics and risks of standardized security futures contracts traded on regulated U.S. exchanges. At present, regulated exchanges are authorized to list futures contracts on individual equity securities registered under the Securities Exchange Act of 1934 (including common stock and certain exchange-traded funds and American Depositary Receipts), as well as narrow-based security indices. Futures on other
types of securities and options on security futures contracts may be authorized in the future.

It is advised and suggested before trading you read the risk disclosure documents of what and where you intend to trade. We have included the short form from the NFA, this is not to be taken as a be all and end all please continue with your own investigation of the markets or instruments you trade with.

Before trading go to: RISK DISCLOSURE STATEMENT FOR SECURITY FUTURES CONTRACTS