Since my utility bill is running over $1300 a month, maybe I need to do this……..

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There are obviously thousands of possible outcomes to the equity markets following Thursday morning’s pre-market CPI release, but I wanted to sketch out three of them just to muse on the topic. There’s not a doubt in my mind that Thursday January 12th will be the most important and exciting trading day of the year so far. All three of these charts are of the S&P 500 /ES equity futures market. Here’s the first:
Well, there we have our setup for tomorrow morning’s CPI number. The bulls have a beautiful cup with handle bullish base established and ready to enjoy. They need to follow through cleanly for this to stick: