6C 06 12 (1 Min) 04.20.12

4/20/2012 Monthly Core CPI / CPI Report (0230 HI time / 0830 EDT)
Core CPI Forecast: 0.3%
Core CPI Actual: 0.3%
Previous Revision: n/a
CPI Forecast: 0.5%
CPI Actual: 0.4%
Previous Revision: n/a
SPIKE / REVERSE
Started @ 1.0077
1st Peak @ 1.0063 – 0231 (1 min)
14 ticks (multiple bottom)

Reversal to 1.0074 – 0244 (14 min)
11 ticks

Notes: Mostly matching report with a slightly negative regular reading. This caused a small spike downward of 14 ticks, that crossed the 50 and 100 SMAs, and R1 Pivot but failed to reach the 200 SMA. With JOBB you would have filled short at 1.0072 and look to eke out a few ticks between the 100 and R1 Pivot. The reversal reclaimed 11 ticks in 13 minutes after the peak was hit.