S&P 500 fulfilled my call for a tame retracement ahead of CPI, and so did precious metals swinging higher and outperforming commodities. The real question though remains whether headline CPI comes in at 2.7% expected, with core still at 3.3%, or not.Quoting
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USDCHF Elliott Wave Analysis – Trading Lounge Day Chart U.S. Dollar/Swiss Franc (USDCHF) Day ChartUSDCHF Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Navy Blue Wave 3 Position: Gray Wave 3 Direction (Next Higher Degrees): Navy Blue Wave 3 (initiated) Details: Navy Blue Wave 2