Markets Rip Higher, But Inflation Is Far from Dead

The SPX was up around $58 just before the close today. The market loved the CPI numbers (I don’t see what there is to love about them; they came in as expected but 3.4% is still high) and took us right to the upper edge of the expected move.
Now, if you remember, last week we actually breached the expected move - mildly - to the upside. I think we’re dealing with something similar right now.
The upper edge of the expected move is the market’s happy place, and if we punch through it, we can expect the market’s big players to take us higher with their hedging.
You read that right - I’ll explain how it works and how to get ready for it right now.
TotalTheo® Unlimited Monthly Streaming:
theotrade.com/all/
TheoTRADE 2023 Live Event "A Trader's Paradise"
go.theotrade.com/23-2/
Sign up for the Trading VIX Options Course: theotrade.com/vol/
The Next Big Short Class (Risk Twist Spread)
theotrade.com/twist/
Weekly Options Trading Advantage Class
theotrade.com/wo/
Learn the Tetrapod spread in the Secret Weapon to Trading Options on ETF's Class: theotrade.com/pod/
Consistent Intraday Strategies and Setups Class
theotrade.com/day/
High Probability Trading with In Out Spreads Class:
theotrade.com/spread/
Day Trading Nasdaq Futures Class with Tony Rago
theotrade.com/nq
Don't have thinkorswim? Open a TD Ameritrade Account and get the thinkorswim platform for free here:
www.theotrade.com/tdameritrade
Guide to Getting Short and Collecting Income: theotrade.com/getshort/
Join TheoTrade:
theotrade.com/total
Get Market Cliff Notes delivered to your inbox each trading day:
theotrade.com/cliffnotes
Get more free videos like these delivered to your inbox each trading day:
theotrade.com
Get free thinkorswim® tutorials:
theotrade.com/theotradetutori...
Subscribe to our RUclips channel:
/ theotrade
Follow TheoTrade on Twitter:
/ theotrade
Become a fan of TheoTrade on Facebook:
/ theotrade
Follow TheoTrade on Pinterest:
/ theotrade