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Markets gap up nicely to start the day, largely due to the CPI (Consumer Price Index), an important measure of inflation levels, rising less than expected. Look for some new record highs in the DOW and the SPY when you pair that with the huge infrastructure bill working its way to completion.
Not a ton of good looking gaps to start the day just yet, need to be scanning for some patterns to develop here and then jump into trades.
Bitcoin looking really solid now sitting at 46.5k, still has room to move all the way up to 50k over the next few days/weeks. Look to make some long plays in the crypto market if that is what you are trading. When bitcoin does very well the rest of the crypto market follows suit.
By Derek HutsonMarkets gap up nicely to start the day, largely due to the CPI (Consumer Price Index), an important measure of inflation levels, rising less than expected. Look for some new record highs in the DOW and the SPY when you pair that with the huge infrastructure bill working its way to completion.
Not a ton of good looking gaps to start the day just yet, need to be scanning for some patterns to develop here and then jump into trades.
Bitcoin looking really solid now sitting at 46.5k, still has room to move all the way up to 50k over the next few days/weeks. Look to make some long plays in the crypto market if that is what you are trading. When bitcoin does very well the rest of the crypto market follows suit.