CPI rises to 1.2…still ROC –

So cpi rose above 1.2 so we’ll see after 1:30 edt what impact the fed statement has. I suspect we’ll have red bars after wards until Friday-Tuesday due to Fed being less nervous if inflation were below 1.0. They may want to signal a market ‘cool’ signal.  After the first 2 green bars look for the 3rd green bar and buy at open of that bar so example

9.30-11.30 Monday green

11.30-13.30 green

1331 open green BUY

 

Settings for Heiken-Ashi or HI candles–

SPY

2 hours

Heiken-Ashi

Under gear symbol look for time frames on right and select edt

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