Morning Briefs

CPI mostly inline but reaction is what matters, crypto back on watch as ETH is pushing into the breakout level premarket $ETHA options and $ETHU as vehicles if it breaks $HOOD $CRCL $MSTR other stocks to also trade if crypto breaks out although crypto main focus if market over

$SPY $QQQ $IWM major indices are close to some range breaks to downside IWM has already been weak with the rates, SPY also lower low, QQQ hasnt broken yet $USO CL starting to be on watch given the 100 area and continuing up everyday ETH has a range support area which its holdin

11am catalyst - "First upsized treasury buyback operation announced today at 11 a.m., expected to be at least $4-10 billion" 1pm $AAPL event new foldable iPhone $ETHA $IBIT crypto may move after the treasury announcement ETH consolidation has the cleanest look to it Maybe meta

$SOXL some r/s this morning with some good news in the chips area $INTC raising prices $QCOM new partnership $GLW Memory stocks main breakout was Friday so would rather see them consolidate in morning before trying to long again $SNDK $SKHY $MU Crypto $HOOD more news, crypto.

Crypto strong day yesterday but dropped on the jobs print Unless it takes out yesterdays low the trend isn't really broken and could be inside day pause and continue next week, if it recovers Break of 76k support would obviously be extremely bad and negate the next leg idea Watc