Thursday, October 10, 2024

ES Morning Update September 11th 2024

We could see some movement today as the CPI is out, so that could move it up or down. Then tomorrow we have the jobs number, which again could move the market. I don't have any foresight on which way it will go but I still think we'll have one more pullback before a rally into next Friday. My guess is that we are choppy until next Wednesday when the FOMC happens. So we might do some wave A up and B down in front of it and the C up happens afterwards, which would complete wave 2 up inside C down. That's all I see for now.

Have a blessed day.

Red
Author: Red

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