Trade Plan 12/12/2022
TP1>
if we manage to Trade/Bid above MAIN POC 3995, we can test > 4035 > 4056.
TP2>
if we Open/Trade below MAIN POC 3995 > we can test > 3960 > 3934 > 3914 (LIS-CPI POC).
I'm not expecting any crazy swings in the markets for tonight GLOBEX and TOMORROW US CASH SESSION, probably sideways, choppy, as we have two major reports this week to finish 2022:
> CPI Tuesday 8:30am
> FOMC (Fed Interest Rate Decision) Wednesday 2:00pm
- IMO the big trade will happen by CPI report Tuesday 8:30am and with that we will have a clear direction for a continuation or reversal only after FOMC report.
- Be ready, it will be a interesting 3 days to trade, but with not much opportunities as the BIG PLAYERS are already loaded and in FULL GEAR.
- The trade will happen and you wont be able to get anything if you're not in before 8:29am (Tuesday Morning), basically those are LOTTO TRADES, and the market can DUMP or SPIKE +100 handles.
#tradesafe
Options & Futures Trader
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