Morning Ideas January 14, 2022 E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! TakeProfitTrader Morning Traders, More hawkish "Inflation" talk yesterday from the FED spooked the markets, particularly single name stocks. This had a dragging effect on the Indices, with NQ (tech) being the weakest. I would caution traders today, partly because of the long weekend ahead. I have seen many days like this where we get a lot of dumping at the end of day due to the fact that the markets are closed on Monday ( futures are open until Noon central). It's important that the market holds onto 45670, as I think it will be another big tumble if it cannot. Either way, I'd be cautious today.