Sell program terminates with vicious buys. More today? $SPX $ES_F plan Thursday, September 11, 2025.

CPI decides "it all"

DISCLAIMER:

This newsletter is purely for educational/entertainment purposes and does not in any way constitute financial advice. The author is not a financial advisor and does not provide financial advice in any capacity. Any actions taken by the reader on the basis of the topics discussed herein is the sole responsibility of the reader.

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DAILY PLAN RECAP:

As was anticipated ahead of time, ES grinned higher in the overnight session.

This was the planned continuation long as well (6515-18). After a soft PPI, we ripped higher, and then very, very slowly ground down throughout the day. There was some clear heavy passive selling, but also an absence of buyers until we backtest 6523 - This was the top end of the potential area for this level, but NQ came into a huge area before ES got to 18, so it was a great long. This is what I mean:

ES didn’t ~quite~ get there.

NQ got snapped up right at the edge of its HVN.

Other than identifying a clear downtrend, we didn’t have planned shorts “that high” ahead of CPI, so none triggered. A great day to sit on your hands, or scalp.

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INTRODUCTION:

The newest context is CUTS CUTS CUTS. Powell’s speech at Jackson Hole has the market convinced that cuts are coming next month. Of course, the Fed has emphasised concern over elevated inflation and decreased employment. However, they are currently more concerned about the job market. After PPI, the eyes are all on CPI. Does the fed need to cut for both mandates? What will the size of the cut be?

I am back to trading my cash account at full size, but I continue trading my Take Profit Trader (Referral code: GHOSTCAP69 for the best current discount) intra day. I am primarily trading TPT right now (and pretty much always). They are, really, the only prop firm that I both 1) trust, and 2) am okay with their rules.

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TODAY’S LETTER INCLUDES:

• My current position and management plan on $ES_F

• Macro overview

• SPY 0.00%↑ $ES_F Plan/analysis

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