Market analysis for Jan. 14th, 2024

Welcome to PPI Tuesday! Well...most of our traders had a very solid day yesterday. I did as well...until the last 15 mins. of the day! We have an approach and goal of exiting our trades with lower capture rates. Not going for a full profit and raising our consistency. Most of our trading members followed those rules and booked a nice profit. I let a $900 profit on NDX slip to a loss. My bad. I'll work harder on following our rules today. Here's my results from yesterday. We did have a good day on 1HTE and Scalping as well as a profitable Theta Fairy. 

Today is PPI day with tomorrow giving us CPI so the next two days we will focus on flexibility and patience. My lean or bias of Neutral yesterday was spot on but I carry no bias going into today or tomorrow. I also try to NOT look at levels on days like this as the algos will drive us. We have a modified, long Vega Theta fairy working this morning going into PPI and I'll work around that today. 

We didn't get to all our pairs trades yesterday so we'll get those done today. ALTR, ASUR, FTAI, CRGY, SUM, SKIL, CTGO, GCBD, ICFI, PACS, QTTB, TREE. We have our Theta fairy to work today. A possibel bond /ZN entry. /NG, Possible MSTR take profit or addition. 1HTE, 0DTE's. 

PPI is incoming! Lets see where it takes us. See you all in the trading room shortly.