ES Morning Update June 11th 2025
Today and tomorrow we should see the move down start. Either the CPI or the Job Numbers should cause the break out of this area. Keep in mind that many prior CPI numbers in the past have had a “fake out” move in one direction, and then fully reverses briefly afterwards. The low on 10/13/2022 was a CPI day, and so was 12/13/2022, so we “could” see a move similar? Hard to say for sure as most CPI’s don’t have a move like that. Most of them have a smaller move up or down before the real direction, which I still think we go down into next week. Nothing has changed for me. Yes, it’s grinded a little higher then I would have liked to see, but no one nails the exact date and high but insiders, and I’m not one (unfortunately). Let’s see what happens.
Have an blessed day.
Source: http://reddragonleo.com/2025/06/11/es-morning-update-june-11th-2025/
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