ES - 4 Hour / 5% vs 4% Operators Shrugging it off E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! HK_L61 BLS Recalc whipped Inflation ... No, it did not, in Real Terms using the prior Basis, CPI should have been 8.3%. And they know it. ______________________________________________ 4750 will be the MAgnet, a nice round number. It is best to wait for the 10 AM EST Reaction at present to see how the NQ reacts to the LAager 50% at 16036.75. Chasing here could end badly prior to EU SEssion Close. Patience, the FED will be relating the Beige Book @ 2 PM EST today - another important Data Point. It will in no way, shape or form, be Good, but rather nasty. For now, the hunt is on to run it as high as possible on yet another ALGO-driven Grinder.