Gearing Up for Today's CPI Print

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I think if you saw how I trade, over time you would get a feeling about how the words 'tone and price action’ actually fit in. This was true early yesterday when I got short, but it was much more visible during the last selloff down to 5233.00. Here’s a snippet of my comments in the chatroom: 

• IMPRO : Dboy : (3:13:27 PM) : the slow walk down isn't good for the sellers

• IMPRO : Dboy : (3:18:23 PM) : weird time for a buy program

• IMPRO : Dboy : (3:18:38 PM) : or front running 3:30?

• IMPRO : Dboy : (3:20:04 PM) : this has acted like it wanted to rally all-day

I don't have any special indicators, but you could feel how the ES and NQ didn't want to break down. Then they squeezed higher late in the day. 

The other thing I look at is how the ES makes its low and how quickly it rallies off it. When you add the lack of news, that only leaves the headlines BOTs to play with.