Inflation Data & Support

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We are at the low of the handle on this magnificent cup and handle pattern. The Big Question will it hold?
GDP estimate and other important news out Thursday, 9/25 08:30:00 NY time.
PCE out Friday, 9/26 08:30:00 NY time.
Both will be market movers. We will retrace to new highs. Are you ready to ride the waves?
Nota
Have you noticed that cups are often shaped like Texas with the top part missing? Sometimes they have this same shape flipped over, like flipping over a flapjack. I wonder if one is a stronger support than the other...
Nota
"Skate to where the puck is going, not where it has been."
This would be Wayne Gretzky's trading view.

Penafian

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