Futuros E-Mini S&P 500
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Morning Ideas July 13, 2022

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CPI numbers were red hot this morning, and the market is down big.

It brings us right to the level 3775 that the market needs to hold. I think it could be a wide swinging outside day today, with a potential large red day if we can move below, and hold below 3775.

If we can't hold below 3775, I would expect the shorts to start to get squeezed out.

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