Cycle Day 1 – Tactical Flip-Flop Ahead of CPI
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🔗 Polaris Trading Group
🔗 Daily Trade Strategy
🔗 Daily Range Calculator
📜 CFTC Rule 4.41 Disclaimer
Market Recap Narrative
Overnight buyers pressed their advantage early, punching up to tag the 6750 target—only to be promptly smacked back below 6735, our intraday “line in the sand.”
David’s early call for a potential 6715–6705 pullback zone hit right in the morning rhythm before bulls reasserted control and reclaimed 6765, effectively sealing the full Cycle Day 1 Range Projection Target (6785) by mid-afternoon.
The room rolled through a session that alternated between bursts of momentum and “Flip-Floppy Rhythms”—classic pre-CPI tension. The Big Boyz apparently got the memo, with a $5.3B MOC Sell Imbalance confirming their late-day exit strategy.
Meanwhile, Bosier took home today’s Kewpie Award after a clinic in range-trading finesse—shorting with precision at 59.75 and flipping long near 43.75 for multiple intraday wins. As David quipped, the “Phrase of the Day” was:
“Thank you, sir… may I have another!”
Cycle Summary
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🧩 Cycle Day: 1
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🎯 Targets Fulfilled: 6750 → 6765 → 6785 ✅
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🧱 Key Levels: 6705–6715 (lower), 6750–6765 (upper)
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⚖️ Bias: Balanced-to-Bullish into CPI
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📊 Outlook: Expect volatility compression until tomorrow’s CPI print (rescheduled to Friday, Oct 24 @ 8:30 AM ET)