Sep. 9 at 7:33 PM
$HD 1st add ahead of inflation data tomorrow (PPI) and Thurs. (CPI) based on multiple recommendations, and on the chart/range position, and my play on the inflation numbers as detailed for
$EWW earlier today... Adding to the same bet...
$HD @ 414.82 is at 28% vs the predicted short term trading Opportunity Range™ for today. That's a bit weaker than I see in the strongest stocks, but this is ahead of inflation numbers, so I'm allowing it.
Also, HD is still above the key breakout level of the 2021 H on this pullback so far... The market could be disappointed by either the numbers or by Powell/the Fed, but the market does not seem to think so at this point...