NAS100 - CPI Day: Anything is Possible!20SMA - Blue
200SMA - Pink
Key Confluence areas - Grey Lines
How I see it:
1) As long as price stays supported by 20SMA, Rally will continue.
2) A break below 20SMA could allow a correction to green zone.
3) If Support holds above 20100, price could continue to new HH's.
4) A "break and hold" below 20100, could see price break down beyond 20000.
Very high volatility day, never try to actually trade "THESE" major events!
There is always more than enough, manageable price action afterwards.
Thank you for your time reading, boosting or following my analysis.
