ES Update

MFI went oversold before market open, but RSI hasn't. MFI is a poor indicator for gap direction, gap will be dictated by CPI numbers premarket. Then we have PPI coming up on Thu.

ES is still in the channel though...

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Not really sure what's going on this morning, lol. CPI numbers sucked as predicted, algos still trying to pump the market and keep ES in teh channel